Banking spin-off mulled

PUBLISHED : Wednesday, 22 December, 1993, 12:00am
UPDATED : Wednesday, 22 December, 1993, 12:00am
 

LIU Chong Hing, a banking and property investment group, is considering a separate listing for its banking division.


However, the company said no definite decisions had been reached. ''The re-organisation and de-merger under discussion are currently at a preliminary stage,'' the company said.


At the end of December 1992, the bank had total assets of $13 billion. Net profit last year was $207.3 million.


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