ANZ exits AMMB after stake disposal

AmBank said ANZ, via its wholly-owned subsidiary ANZ Fund Pty Ltd, had disposed of its stake comprising 171.02 million shares.

PETALING JAYA: The Australia and New Zealand Banking Group Ltd (ANZ) has disposed of its 5.17% stake in AMMB Holdings Bhd (AmBank).

In a filing with the local bourse, AmBank said ANZ, via its wholly-owned subsidiary ANZ Fund Pty Ltd, had disposed of its stake comprising 171.02 million shares yesterday.