Public Bank to raise RM5bil, first rights issue after 10 years


PETALING JAYA: Joining the band of banks that are beefing up their capital base for the Basel III requirement, Public Bank Bhd has proposed a renounceable rights issue to raise up to RM5bil.

This is the first cash call that Public Bank, which is the third largest financial institution in the country, is making in 10 years and the amount is the biggest among local financial institutions.

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Monthly Plan

RM13.90/month
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RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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Business , Public , Tier 1 , Capital

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