Maybank Indonesia (Maybank)'s subsidiary Malayan Banking is to sell its entire 68.55% stake in WOM Finance to PT Reliance Capital Management for IDR673.77bn ($51m), as part of Maybank's strategy to maximise capital and streamline the business.
Malayan Banking (Maybank)'s subsidiary Maybank Indonesia is to sell its entire 68.55% stake in WOM Finance to PT Reliance Capital Management for IDR673.77bn ($51m), as part of Maybank's strategy to maximise capital and streamline the business.