tag:blogger.com,1999:blog-6833372664905554734.post944906178216583964..comments2024-03-23T03:41:27.086+08:00Comments on Corporate Governance in Malaysia: MUFG acquiring banks, but why sell CIMB?M.A. Windhttp://www.blogger.com/profile/16833927103193297126noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6833372664905554734.post-38589219370148186342017-10-18T06:19:48.888+08:002017-10-18T06:19:48.888+08:00My error - I see MUFG sold its entire stake earlie...My error - I see MUFG sold its entire stake earlier this monthWammohttps://www.blogger.com/profile/15677051935286909989noreply@blogger.comtag:blogger.com,1999:blog-6833372664905554734.post-22971681621668620152017-10-16T09:58:23.984+08:002017-10-16T09:58:23.984+08:00Sorry - that should read total current holding of ...Sorry - that should read total current holding of 412.9mnWammohttps://www.blogger.com/profile/15677051935286909989noreply@blogger.comtag:blogger.com,1999:blog-6833372664905554734.post-19454277740981438482017-10-16T05:49:51.373+08:002017-10-16T05:49:51.373+08:00It looks like only a small sell-down - 14.4mn shar...It looks like only a small sell-down - 14.4mn shares vs. total current holding of 41.9mn, I suspect it could have been due to run-up in share price and/or re-allocation of capital elsewhere. The article also notes that MUFG wants majority stakes, which wouldn't be possible with CIMB (and a mere $890mn) Wammohttps://www.blogger.com/profile/15677051935286909989noreply@blogger.com