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MCB Mcbride Plc

124.50
4.50 (3.75%)
17 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mcbride Plc LSE:MCB London Ordinary Share GB0005746358 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.50 3.75% 124.50 124.00 124.50 125.00 121.00 125.00 127,776 16:35:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Soap And Other Detergents 889M -11.5M -0.0661 -18.76 215.83M

Nishat Group Chairman:To Join Maybank In Buying Stakes In Overseas Bks

07/10/2009 8:47am

Dow Jones News


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Pakistan's Nishat Group said Wednesday it will tie up with Malaysia's Malayan Banking Bhd. (1155.KU), or Maybank, to buy stakes in overseas banks.

"We now plan to move ahead with acquiring stakes in some banks in the Middle East and Indonesia," Nishat Group Chairman Mian Mansha told reporters.

He declined to name the potential targets or the likely investment that could be made.

Mansha said the group's MCB Bank (MCB.KA), in which Maybank is a shareholder, is likely to complete the buyout of the Royal Bank of Scotland Group PLC's (RBS) Pakistan operations in two weeks.

The MCB Bank had bought Royal Bank of Scotland's Pakistan assets in August this year.

-By Haris Zamir, contributing to Dow Jones Newswires; 91-11-4356-3311; neelabh.chaturvedi@dowjones.com

 
 

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