Maybank foreign shareholding down at 16.64%; CIMB up

Maybank foreign shareholding down at 16.64%; CIMB up
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KUALA LUMPUR (April 21): Malayan Banking Bhd's (Maybank) foreign shareholding had dropped to 16.64% as of April 9, 2021, from 16.72% as of March 19, 2021, according to the latest figures on its website.

The bank also said its foreign shareholding stood at 16.65% as of April 2, 2021.

Meanwhile, CIMB Group Holdings Bhd said on its website that the financial services provider’s foreign shareholding had increased to 20.7% as of March 2021 from 20.6% as of February 2021.

As of January 2021, CIMB’s foreign shareholding stood at 20.7%, the group said previously.

On the other hand, Hong Leong Bank Bhd’s (HLB) foreign shareholding fell in quarterly terms, according to the group’s filings with Bursa Malaysia.

In an April 7, 2021 filing, HLB said shares in the bank held by foreigners as at March 31, 2021 accounted for 10.1%.

In a Jan 6, 2021 filing previously, the bank said its foreign shareholding stood at 10.03% as at Dec 31, 2020.

Overall, Maybank has 11.24 billion issued shares, while the numbers of issued shares of CIMB and HLB stand at 9.92 billion and 2.17 billion respectively.

On Bursa today, Maybank's share price was unchanged at RM8.31 at 11.18am, with a market capitalisation of about RM93.4 billion. Maybank is Malaysia’s most valuable listed group.

Meanwhile, CIMB’s share price had fallen four sen or 0.93% to RM4.25, giving it a market value of around RM42.16 billion.

On the other hand, HLB’s share price was down 10 sen or 0.56% at RM17.86 at 11.19am, which valued the group at about RM38.76 billion.

Chong Jin Hun