The week That Was - AMMB tumbles, Deloitte 1MDB payment, CPO, gloves,


Higher price: At the current level, the average CPO price is 44% higher from where it was a year ago.

AMMB tumbles on huge 1MDB global settlement

SHARES in AMMB Holdings Bhd, the country’s sixth largest bank by assets, tumbled to a four-month low on Wednesday after trade resumed following the announcement that it had agreed last week to accept a massive RM2.83bil global settlement over its role in the 1MDB scandal.

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