CIMB forms partnership
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From left, Group Chief Financial Officer-Group Strategy and
Finance, CIMB Group Kenny Kim, Deputy Chief Executive Officer,
Corporate and Investment Banking, CIMB Group, Charon Wardini
Mokhzani, Group Chief Executive, CIMB Group, Sri Nazir Razak,
Alex Lovell and Reshani Dangalla during the exchange of
documents of agreement.
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CIMB Group Holdings entered into a joint venture with two Sri Lankan
individuals to establish an investment banking and corporate advisory
presence in Sri Lanka.
The agreement was signed between CIMB Group, Alex Lovell and Reshani
Dangalla.
CIMB Group holds 51 percent of the joint venture’s share capital
through its wholly owned subsidiary, CIMB Securities International Pte
Ltd, with the remaining 49 percent held by Lovell and Dangalla.
Shareholders have committed up to $2 million for the venture.
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