AMMB Holdings Surges to Record High on Potential RM2 Billion Capital Release
AMMB Holdings Bhd surged to a record high on Monday after the sixth-largest Malaysian bank by assets flagged a potential release of roughly RM2 billion in excess capital. Shares jumped as much as 4% to RM6.99, fueled by analyst expectations of higher dividend payouts driven by Basel III reforms. Monday brought a wave of buying … Read more