Vertical Theme, an investment management firm, is considering selling a stake in Alliance Bank Malaysia (KLSE:ABMB) to Singapore-listed DBS Group (SGX:D05), Bloomberg reported Thursday, citing people familiar with the development.
Vertical Theme holds a 29% stake in the Malaysia bank, according to the report.
Under Malaysian law, the company is required to submit an application to the country's central bank with DBS looking into raising its stake to up to 49% through a voluntary partial general offer, the report added.
Temasek Holdings has a 49% stake in Vertical Theme through Duxton Investment and Development, the report noted.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。