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KUALA LUMPUR: Syariah-compliant financial services provider BIMB Holdings Bhd has asked for a time extension to submit its financial results for the fourth quarter ended Dec 31, 2014 (4QFY14).

In a filing with Bursa Malaysia yesterday, BIMB (fundamental:2.7; valuation : 1.8) said it had submitted an application letter to Bursa Malaysia on Feb 25, 2015 to request for the extension.

It added that its request is pending approval from the relevant authority.

The group registered a net profit of RM125.3 million in 3QFY14, up 66% from 3QFY13’s RM75.5 million, while revenue grew 7% to RM744.5 million from RM696 million.

Its counter closed at RM4.05 yesterday, up five sen or 1.25%, giving it a market capitalisation of RM6.2 billion.

 

This article first appeared in The Edge Financial Daily, on February 27, 2015.

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