AMMB, RHB Bank to decide on merger by September


KUALA LUMPUR: Group Chief Executive Officer AmBank Group Datuk Sulaiman Mohd Tahir (centre) with Executive Vice President Business Performance and Investor Relations AmBank Group Ganesh Kumar Nadarajah (right) and Group Chief Financial Officer AmBank Group Jamie Ling (left) taking a group photo with the Annual Report during Media Conference 26th Annual General Meeting AMMB Holdings Berhad at Sime Darby Convention Centre Bukit Kiara yesterday.

KUALA LUMPUR: AMMB Holdings Bhd says both itself and RHB Bank Bhd will submit to the authorities on whether or not to proceed with their merger by the end of August or beginning September.

Both banks are at the negotiation stage now for the merger, said AMMB’s group chief executive officer Datuk Sulaiman Tahir (pic).

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