PETALING JAYA: Shares of Alliance Bank Malaysia Bhd
(ABMB) fell by 8.45% or 43 sen yesterday, following a surprise rights issue proposal to shore up its capital, which would result in some dilution to the bank’s financial year 2026 (FY26) earnings per share (EPS).
At market close, the stock was last done at RM4.66 after falling to an intra-day low of RM4.58. A total of 15.5 million shares changed hands.
