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AMMB Holdings Bhd Announces Establishment Of Euro Medium Term Notes Programme Of Up To USD2.0 Billion In Nominal Value


Thursday, 4 Jul 2013 08:00pm EDT 

AMMB Holdings Bhd announced that its subsidiary, AmBank (M) Berhad, has obtained the approval of the Securities Commission via the SC’s letter dated July 4, 2013 for the establishment of the Proposed Programme of up to USD2.0 billion in nominal value. The Proposed Programme is approved by the SC under its deemed approval process. The net proceeds from the Proposed Programme will be utilised by AmBank for its working capital, general funding requirement and other corporate purposes. The Proposed Programme is not expected to have any material effect on the consolidated earnings of AMMB. AmInvestment Bank Berhad (the Principal Adviser) and Australia and New Zealand Banking Group Limited are the arrangers for the Proposed Programme. 

Company Quote

6.93
0.07 +1.02%
19 Sep 2014