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KUALA LUMPUR: The net outflow of foreign funds from Bursa Malaysia continued over the previous trading week to the tune of RM376.46mil, bringing the foreign outflow so far this year to RM2.87bil, said MIDF Research in its weekly fund flow report.
BANKS worldwide are closing down branches and slashing their usage of office space like never before in a sure sign that the coronavirus pandemic has brought about permanent changes to the financial world.
KUALA LUMPUR: AMMB Holdings Bhd said it will take a one-time hit of RM1.937bil in the fourth quarter ended March 31 (Q4FY21).
AMMB Holdings Bhd (AmBank)’s recent placement exercise is a notable one for a few reasons.
PETALING JAYA: AMMB Holdings Bhd’s proposed private placement exercise is expected to partially replenish the group’s common equity tier-1 (CET 1) ratio to 11.7%, according to S&P Global Ratings (S&P).
PETALING JAYA: While it came as a surprise to many, AMMB Holdings Bhd’s proposed private placement has been mostly well received by analysts as a measure to strengthen the group’s capital position.
KUALA LUMPUR: AMMB Holdings Bhd has fixed the issue price for its 300 million private placement shares at RM2.75 each.