Public Bank delivers ROI of 14% over five years


PETALING JAYA: A Public Bank shareholder would have gained an annual rate of return on investment of 14% if the investor had stayed invested in the stock over a period of five years, said Public Bank Bhd chairman Tan Sri Teh Hong Piow.

Teh said assuming the shareholder had invested in 1,000 shares when it was listed in 1967 and subscribed to all rights issues to date, he would have accumulated 148,938 shares worth RM2.7mil as of Dec 31, 2014.

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