KUALA LUMPUR: AMMB Holdings Bhd
has fixed the issue price for its 300 million private placement shares at RM2.75 each.
“The issue price of RM2.75 per placement share represents a discount of 7.44% to the 5-day volume weighted average price of AMMB Shares up to and including April 2, being the market day immediately before the price-fixing date, of RM2.9711 per AMMB Share,” AMMB said in a filing with Bursa Malaysia.
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