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AmBank Research, which anticipates further pressure on Malaysia’s economic growth in the first quarter of the year (Q1 2019), believes that gross domestic product (GDP) growth should register slight improvement in the second quarter and pick up thereafter.…
Stocks on Bursa Malaysia have endured a roller-coaster ride last year, with some creating big losses to investors on one day. Despite often seen as defensive investments, the Malaysian real estate investment trusts (M-REITs) also did not escape unscathed. A…
AMMB Holdings Bhd has appointed Voon Seng Chuan (pic) as the new chairman of AmBank (M) Bhd with effect from Jan 1, 2019. “Voon, a Malaysian, aged 60, has been a member of the board of directors of AmBank since June 18, 2015. He is also a member of the board…
AMMB Holdings Bhd remains fully committed to driving its banking business (AmBank Group) forward despite its major shareholders looking set to exit the group. The Australia and New Zealand Banking Group (ANZ) is the most substantial shareholder in AmBank…
