AMMB expects net loss for FY21


This would include a RM1.79bil in goodwill attributed to its conventional and investment banking business, as well as RM148mil in impairment in an associate (REIT impairment).

KUALA LUMPUR: AMMB Holdings Bhd expects to take a one-time hit of RM1.94bil in the fourth quarter of its financial year ended March 31,2021 (Q4’FY21).

This would include a RM1.79bil in goodwill attributed to its conventional and investment banking business, as well as RM148mil in impairment in an associate (REIT impairment).

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