Hong Leong Finance

[Jacmar]

What you posted may be true during Mahathir's time when UMNO was extremely dominant in Malaysia. In today's context, where the oppositions is now rather strong, I doubt that their government would want to commit 'political suicide' by doing what you'd posted.

HLBank became the No.4 Bank (by Assets and Market Cap) last year after their acquisition of EON Bank. PBank was No.3. These 2 Chinese controlled banks looks set to survive any further consolidation in the Malaysia Banking scene. Perhaps they may even merge to become the No.1 Bank!

As for the Lim and Tan report on the possibility of HLBank acquiring/merging with HLFin, it does make some sense if HLBank is really aggressively expanding their biz. But then again, I'm speaking from a vested view point.

You did be surprised how greedy these malaysians politicians are. Robert Kuok was so fed up when his sugar empire in malaysia was gobbled that he did not want to invest in malaysia anymore and instead plump in 1 billion worth of investments in Indonesia. Needless to say also a lot into china.

My sis used to work for a chinese malaysian bank and has since been gobbled up by a bumi bank at a cheap price!!She thinks it is just a matter of time before all the chinese owned banks are gobbled up.

Looks like you have not fully digest what Stocker said in his thread. HL bank buying over HLF ain;t going to happen. dream on.....