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AMMB Holdings Berhad (1015.KL)
- Simply Wall St.
Individual investors account for 37% of AMMB Holdings Berhad's (KLSE:AMBANK) ownership, while institutions account for 36%
Key Insights The considerable ownership by individual investors in AMMB Holdings Berhad indicates that they...
- Reuters
Australia's ANZ sells 16.5% interest in Malaysian lender AmBank for $444 million
(Reuters) -Australia's fourth-biggest bank ANZ Group said on Wednesday it had agreed to sell around 546 million shares, or 16.5% interest, in Malaysian lender AMMB Holdings (AmBank) for about 2.10 billion ringgit ($443.69 million). The sale of shares, made through a block trade, has been upsized to a 16.5% stake from 9% previously agreed, according to a term sheet seen by Reuters. Shares of ANZ advanced nearly 1% to A$29 by 1241 GMT, their highest since August 2021, outperforming a 0.6% gain in the broader financials sub-index.
- Reuters SG
UPDATE 3-Australia's ANZ sells 16.5% interest in Malaysian lender AmBank for $444 mln
Australia's fourth-biggest bank ANZ Group said on Wednesday it had agreed to sell around 546 million shares, or 16.5% interest, in Malaysian lender AMMB Holdings (AmBank) for about 2.10 billion ringgit ($443.69 million). The sale of shares, made through a block trade, has been upsized to a 16.5% stake from 9% previously agreed, according to a term sheet seen by Reuters. Shares of ANZ advanced nearly 1% to A$29 by 1241 GMT, their highest since August 2021, outperforming a 0.6% gain in the broader financials sub-index.
