The Edge Malaysia·3 min read·medium
AMMB surges as investors eye some RM2 bil excess capital release
✦AI Summary
AMMB Holdings Bhd shares reached a record high following the bank's announcement of a potential RM2 billion excess capital release. Analysts are optimistic about the bank's capital management strategy and its ability to increase dividend payouts while maintaining a strong CET1 ratio.
BURSA SGX Home Hot Stock Make The Edge Malaysia your preferred source on Google KUALA LUMPUR (Aug 3): AMMB Holdings Bhd (KL: AMBANK ) surged on Monday to a new record as the sixth-largest Malaysian bank by assets flagged a potential release of some RM2 billion in excess capital to shareholders.
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