News & Analysis » UK
MCB Bank Signs MoU To Merge Its Asset Management Subsidiary With Arif Habib Securities - Quick Facts
September 2, 2010, Thursday, 17:11 GMT | 12:11 EST | 21:41 IST | 00:11 SGT
(RTTNews) - MCB Bank Limited (MCBS.L) announced Thursday that it signed a Memorandum of understanding to merge its wholly owned subsidiary MCB Asset Management Company with Arif Habib Investment Limited.
The MoU was signed with Arif Habib Securities Limited to proceed with the merger of MCB Asset Management Company Limited with Arif Habib Investment Limited, subject to all regulatory approvals and compliances.
The company said any further development would be finalized subject to agreement on valuations and due diligence.
Stock Market Forum
- how do you find canada stocks to trade?
3 February 2012
- my stock to watch for tomorrow-CLD
3 February 2012
- Dynamic levels is all about showing the stock levels for last 12 years.
19 January 2012
- Bank of England Keeps Base Rate unaffected at 0.50%
13 January 2012
- Oil price rise fuels India's inflation
4 January 2012
- How to invest in stock market
27 December 2011
- Four Secrets to invest in Stock Market: Beginners Guide
27 December 2011
- Food inflation plunges to 4-year low of 1.81%
22 December 2011
- Nifty delete certain posts gains on GDP data
22 December 2011
- Big Ben's Investing
22 December 2011