Malayan Banking said it has offered $1.4 billion for Singapore brokerage firm Kim Eng Holdings, as Malaysia's biggest bank by assets builds its presence throughout Southeast Asia.

On Wednesday, Singapore's Maybank Kim Eng Securities hired former UBS banker Harmeet Singh Bedi to lead investment banking in the country.

Maybank, through its wholly-owned subsidiary, Mayban IB Holdings Sdn. Bhd. announced its firm intention to make a mandatory unconditional cash offer to acquire all the ordinary shares of Kim Eng ...

Maybank Kim Eng Securities appointed Harmeet Singh Bedi as chief executive of Singapore. Bedi will lead the overall development of Maybank Kim Eng's investment banking business in Singapore, the ...

Malayan Banking, which trades as Maybank, said on Thursday that it had agreed to pay S$798m ($617m) for two parcels of shares amounting to a 44.6 per cent stake in Kim Eng Holdings, a leading ...

Maybank Kim Eng has 800 employees in Thailand, where it is also the country's largest stockbroker, with 47 branches. It has been Thailand's top stockbroking firm for the past 16 years. "We have the ...

Maybank Kim Eng Securities kept its 'overweight' rating on the media sector as advertisement expenditure grew at its highest pace this year in October. "The October advertisement expenditure saw ...

Maybank Kim Eng, part of Malaysia's Malayan Banking Bhd, said on Thursday its Hong Kong office has obtained a corporate finance license that would help it expand in Greater China.

Maybank Kim Eng has been able to maintain the highest market share in the sector, 12-13%, but its margins continue to decline as trading commissions are now freely negotiated.

Maybank Kim Eng lowered its target price on Lian Beng Group Ltd to S $0.54 from S $0.63, citing higher cash flow needed by the construction and property firm, which may affect dividend timing, but ...

Singapore. HAVING focused on building its Asean-wide brand and reach in the last eight years, Maybank Kim Eng - the investment arm of Malaysian banking giant Maybank - aims to play a deeper role in ...

Based on the report from Maybank Kim Eng (MBKE), the current non-performing loans (NPL) for the oil and gas sector in Singapore banks ranges from approximately three percent to 15 percent. Various ...