BEA says has no comment on Guoco buy rumour - News

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BEA says has no comment on Guoco buy rumour

By: AFX | 11 Nov 2009 | 10:44 PM ET

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HONG KONG, Nov 12 (Reuters) - Bank of East Asia said it has no comment to make on a rumour that Malaysian conglomerate Guoco Group might be interested in buying the bank, talk of which sent its stock up as much as 25 percent in two days. A Bank of East Asia spokeswoman added that she did not know the reason for the surge in the company's share price. Hong Kong media on Thursday reported that Malaysian conglomerate Guoco might be interested in buying BEA, echoing a report in influential Next Magazine that went on sale on Wednesday. (Reporting by Clare Jim; Editing by Chris Lewis) ((alison.leung@thomsonreuters.com; +852 2843 6369; Reuters Messaging: alison.leung.reuters.com@reuters.net)) Keywords: BEA/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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