CCB eyeing stake in EON Capital

China Construction Bank is keen to acquire a stake in Malaysian lender EON Capital Bhd.

The bank  may seek Malaysian central bank approval to begin negotiations with EON Capital soon, according to a report by The Edge report.

"It is possible that CCB will be given the nod to start negotiations with EONCap under a government-to-government initiative," the unnamed source said.

The Edge report, which could not be immediately confirmed, said it is not known how big a stake CCB is seeking.

You can read the full story at Reuters.com.