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SINGAPORE PRESS-DBS bid to buy Alliance Financial hits roadblock-Straits Times
August 16, 2012 / 2:11 AM / 5 years ago

SINGAPORE PRESS-DBS bid to buy Alliance Financial hits roadblock-Straits Times

SINGAPORE, Aug 16 (Reuters) - DBS Group Holding’s bid to buy a stake in Malaysia’s Alliance Financial Group may have hit a roadblock as Malaysia’s central bank is taking longer than usual to give the green light, the Straits Times reported without citing sources.

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NOTE: Reuters has not verified this story and does not vouch for its accuracy.

Compiled by Singapore Newsroom Reporting by Charmian Kok

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