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CIMB-RHB-MBSB to form Asean powerhouse
AFTER 90 days of intensive talks, Malaysia's CIMB Group, RHB Capital and MBSB on Thursday unveiled a massive RM72.5 billion (S$28.4 billion) deal to merge the three entities into a financial powerhouse with assets worth over S$240 billion - and also create a mega Islamic bank along the way.
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