Public Bank (Hong Kong) Limited is a commercial bank registered under the Banking Ordinance of Hong Kong and under the supervision of the Hong Kong Monetary Authority (HKMA). Formerly known as Asia Commercial Bank (ACB), it was incorporated in 1934. In May 2006, Public Bank Berhad (Public Bank) of Malaysia, through its subsidiary, Public Financial Holdings Limited, acquired 100% interest in ACB and subsequently changed its name to Public Bank (Hong Kong) Limited in June 2006 to reflect its association with Public Bank. In October 2008, Public Finance Limited, engaged mainly in provision of personal and commercial lending, became a wholly owned subsidiary of the Bank as part of the group’s reorganisation. Public Financial's shares are listed on The Stock Exchange of Hong Kong Limited (Stock Code: 626), and the shares of Public Bank are listed on the Malaysian stock exchange. For further information, interested parties can visit Public Bank’s corporate website at www.pbebank.com. This analysis provides insights into the strong financial background and the extensive industry experience of Public Bank, positioning it as a potentially attractive investment opportunity in the finance, financial services, and banking sectors.
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