February 2, 2010

CIMB raised to 'neutral' at Macquarie

CIMB Group Holdings Bhd, Malaysia’s second-biggest bank, was upgraded at Macquarie Group Ltd to reflect the prospects of stronger earnings this year, bolstered by non-interest income.

The company was raised to “neutral” from “underperform,” Macquarie said in a report dated Jan. 29. The share price forecast was increased to RM13.78 from RM11.02, it said. -- Bloomberg

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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;

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