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PR Newswire
05-02-2012, 02:23 PM
Hl Fin at current prices is a value stock. How value will be unlocked, only time will tell. There was an excellent opportunity years ago when QFB licences were awarded in Singapore. However, foreign banks simply got the licences and walk straight into local banking scene.
Now with this buzz on Sing - M'sia exchange, there are valid speculations. Based on historical reasonings, even if an exchange materialise, the likely beneficiary will be that with strong and well connected Bumi holdings. Quite logically as well since DBS is the only remaining Sing banks (only 3 of them now) without a M'sian presence.
Now with this buzz on Sing - M'sia exchange, there are valid speculations. Based on historical reasonings, even if an exchange materialise, the likely beneficiary will be that with strong and well connected Bumi holdings. Quite logically as well since DBS is the only remaining Sing banks (only 3 of them now) without a M'sian presence.