CIMB Thai Bank Public Co Ltd, 94 per cent owned by the CIMB group, has agreed to sell its office block in Sathorn, Bangkok, for some 1 billion baht (RM109.6 million).
The sale is expected to be completed in December.
The board of directors of CIMB Thai approved the Sathorn Building sale earlier this month, after an extensive bidding process that attracted 20 interested buyers.
“This sale forms part of the bank’s rationalisation exercise to improve efficiency and reduce costs,” said CIMB Thai president and CEO Subhak Siwaraksa in a statement yesterday.
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
music
Create a playlist at MixPod.com
