Malaysia

HLB also submitted application for $470.37mln rights issue to Malaysia's central bank for its expansion.

Brunei official's invitation prompted lender to consider bringing its banking operations to the oil-rich sultanate.

Affin said it is on a lookout for growth opportunities despite denying move to acquire EON.

Opening of 4 new branches is part of lender's aggressive expansion.

Affin sees EON Cap takeover a possible opportunity to strengthen position in banking industry.

Board handed down decision to avoid reduction in $1.6bln offer price to HLB.

Timing of launch deemed strange as Shariah advisory role in Islamic finance is under scrutiny.

Lender sees possibility of the move within the year if it would give strategic advantage.

CEO positive Islamic financing's rising trend to continue as zakat payment grew 38% from past FY.

Malaysian bank's shareholder Boustead saw Malaysian lender's move essential to gain foothold in Indonesia.

Lender’s suitors need to hasten deal closure to avoid adverse investor sentiment and lowered staff morale.

Product enables customers with account in local currency to be converted to any foreign currency.

Bank Negara affirms EON shareholder’s appointment of 7 independent directors last Friday.

The Corporate and Investment Banking arm of the RHB Banking Group is the first Malaysian broker to be DMA-ready when it started the service back in December 2009.

Analyst said selection of 7 new directors can revive HLB's bid to acquire EON Cap.

Lender banks on improving financials and fundraising potential for bid despite criticized for being small.