Azman Hashim does not rule out buying ANZ’s AMMB stake


Azman: ‘I guess so if ANZ is selling, then one of the options will be that (about him buying the stake).’

KUALA LUMPUR: After months of speculation, AMMB Holdings Bhd’s second largest shareholder Tan Sri Azman Hashim has come out to say that he does not discount the possibility of buying Australia and New Zealand Banking Group Ltd’s (ANZ) stake in AMMB.

“I guess so if ANZ is selling, then one of the options will be that (about him buying the stake),” he said on the sidelines of the 20th Malaysian Banking Summit yesterday in Kuala Lumpur.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , AMMB Holdings , Azman , ANZ , banking , stocks , shares , banking ,

   

Next In Business News

Chemical recycling to reduce plastic waste
Scrap processing makes many villagers richer
Enphase sees soft solar market rebounding despite weak sales
Businesses concerned about rising forex woes
UK firms told to ‘urgently review’ green claims
Chinese knockoff raid jolts a throng of fake-fashion influencers
Funds raised by Singapore’s tech startups up 59% in 2023
Investors revolt as Woodside expands in oil and gas
Core inflation cools more than expected
Helping more city-state F&B businesses to expand overseas

Others Also Read