KL Market

AMMB - AMMB Holdings Berhad News

• 07-Sep-2010 - Unclear how loan-to-value ratio will impact loans growth
  PETALING JAYA: The impact of any lower loan-to-value ratio (LVR) for mortgages on the banking system loans growth is still unclear, but analysts do expect loans growth to take a hit if the measure is pushed through.
  
  
• 03-Sep-2010 - AMMB won?t sacrifice property loan margins
  KUALA LUMPUR: AMMB Holdings Bhd will not sacrifice its property loan margins for the sake of gaining market share, said group managing director Cheah Tek Kuang.
  
  
• 26-Aug-2010 - AmInvestment sees higher takeup rate for AmGlobal fund
  KUALA LUMPUR: AmInvestment Bank Group expects the takeup rate for its AmGlobal Agribusiness feeder fund to increase by 50% in coming months in line with improved global economic conditions.
  
  
• 25-Aug-2010 - AmBank aims to give out RM500m car loans in 2010
  KUALA LUMPUR: AmBank (M) Bhd aims to disburse about RM500mil car loans this year, a 2% growth of its total hire-purchase receivables of about RM24bil.
  
  
• 18-Aug-2010 - AMMB Q1 profit surges 43%
  PETALING JAYA: AMMB Holdings Bhd's net profit for the first quarter ended June 30, 2010 increased 42.6% to RM368.28mil from RM258.24mil a year earlier while revenue increased to RM1.70bil from RM1.57bil previously.
  
  
• 04-Aug-2010 - Kretam gets takeover notice
  PETALING JAYA: Plantations-based Kretam Holdings Bhd has received a notice of takeover offer from AmInvestment Bank Bhd on behalf of Nasalim Sdn Bhd, Santraprise Sdn Bhd and group chief executive officer Lim Nyuk Sang @ Freddy Lim (joint offerors) to acquire all of its shares not already held by them and persons acting in concert for RM1.43 per share.
  
  
• 03-Aug-2010 - AmInvestment issues four new call warrants
  KUALA LUMPUR: AmInvestment Bank Bhd is issuing four new European-style cash-settled call warrants (CWs) that will be listed tomorrow.
  
  
• 22-Jul-2010 - AmInvestment aims to manage more assets
  KUALA LUMPUR: AmInvestment Bank Group's fund management division is confident of achieving 20% to 25% growth in assets under management (AUM) for its fiscal year ending March 31, 2011. The bank's AUM stood at RM20.2bil as at June 30.
  
  
• 15-Jul-2010 - Revenue from Azman complex to support needy students
  KUALA LUMPUR: The rental income from the new Azman Hashim Complex, launched yesterday, will be used to sponsor 15 selected local and foreign students from the International Islamic University Malaysia (IIUM).
  
  
• 07-Jul-2010 - SC okays AMMB unit's RM3bil sukuk programme
  PETALING JAYA: AMMB Holdings Bhd's subsidiary AmIslamic Bank Bhd has received the approval of the Securities Commission (SC) for a RM3bil sukuk programme.