KUALA LUMPUR: Public Bank Bhd and LPI Capital Bhd, which resumed trading today after being suspended for two days since Oct 9, traded lower on their resumption of trading. The bank fell 14 sen, or ...

Public Bank Bhd (PBB)—Malaysia’s second-largest lender by market value—said Thursday it is buying a 44.15% stake in LPI Capital from the family of its late founder Teh Hong Piow for 1.72 billion ...

KUALA LUMPUR, Oct 10 (Bernama) -- Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash or RM9.80 per share.

Kenanga Research said it maintains its forecasts on LPI Capital for now, with its assumptions yet to reflect any synergistic gains from Public Bank. PETALING JAYA: Analysts are mostly positive about ...

Oct 10 (Reuters) - Malaysia's third biggest lender by assets, Public Bank (PUBM.KL), opens new tab, said on Thursday that it will acquire a 44.15% stake in general insurer LPI Capital (LOND.KL), opens ...

Established in 1966, Public Bank has 293 branches in Malaysia and 157 overseas, and total assets of about RM493 billion. Public Bank Bhd is considering buying its late founder Teh Hong Piow’s family ...

Public Bank CEO Tay Ah Lek (left) exchanging documents with Diona Teh, daughter of the late Teh Hong Piow at Menara Public Bank, Kuala Lumpur today. Public Bank Bhd is proposing to acquire a 44.51% ...

Public Bank Managing Director and Chief Executive Officer Tan Sri Dr Tay Ah Lek speaking at the Signing Ceremony of Proposed Acquisition by Public Bank Berhad of 44.15% Equity Interest in LPI Capital ...

PUBLIC Bank said it is buying its late founder Teh Hong Piow’s family stake in the owner of Lonpac Insurance (LPI) for RM1.72 billion (S$524 million). Malaysia’s second-biggest lender by market value ...