ANZ puts balance AMMB Holdings stake up for sale


The share auction values the deal at between RM693mil and RM701mil.

PETALING JAYA: Australia & New Zealand Banking Group Ltd’s ANZ Funds Pty Ltd (ANZ) has exited AMMB Holdings Bhd after having put up its remaining 5.2% stake or 171 million shares in the banking group for sale at between RM4.05 and RM4.10 per share.

The offer price represented a 2.8% to 4% discount to the May 30 close of RM4.22.

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ANZ , exitsAMMB , stakesale , banking , discount , institutions , 1MDB

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