MALAYSIA - BANKING - Maybank IB downgrades BIMB to 'sell'

www.btimes.com.my -Maybank IB Research has downgraded BIMB Holdings Bhd to "sell" from
"buy"’ as it sees the recent run-up in the Islamic financial
institution’s share price as excessive.


“Much as we continue to view Bank Islam’s and Syarikat Takaful
Malaysia Bhd’s (BIMB’s units) prospects positively, the recent run-up in
BIMB’s share price is cause to pause and take stock,” the research