AEON Credit takes up additional AEON Bank shares

KUALA LUMPUR: Aeon Credit Service (M) Bhd has subscribed for a further 100 million new ordinary shares in its 50%-owned associate company AEON Bank (M) Bhd for RM100mil at an issue price of RM1 per share.

In a Bursa Malaysia filing, AEON Credit said its total shareholding in AEON Bank’s share capital has increased from 175 million ordinary shares to 275 million ordinary shares.