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'Maybank, CIMB vulnerable to de-rating risks' Posted: 22 Sep 2011 06:35 PM PDT Malayan Banking Bhd and CIMB Group Holdings Bhd, two of Malaysia's biggest banking groups, fell in Kuala Lumpur trading after Credit Suisse Group AG said they are the most vulnerable to de-rating risks. Malayan Banking, or Maybank, dropped 2.9 percent to RM8.16 at 9:27 a.m. local time, set for its steepest decline since April 12. CIMB lost 1.6 percent to RM6.60. -- Bloomberg |
Berjaya Land sinks to 4-year low Posted: 22 Sep 2011 07:17 PM PDT Berjaya Land Bhd fell the most in almost four years in Kuala Lumpur trading after profit in the first quarter ended July 31 plunged 96 percent to RM1.88 million. The stock sank 8.6 percent to 85 sen at 9:57 a.m. local time, set for its steepest slide since Jan. 22, 2008. -- Bloomberg
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