Thursday , August 5 2021

Anwar requests Ambank fundraising exercise, is afraid of 1MDB link

Opposition leader Anwar Ibrahim has expressed concern over the timing of AMMB Holdings Berhad’s (Ambank Group) plan to raise RM810m through a proposed private placement exercise.

This came after The edge reported that Ambank is conducting a private placement exercise in the hope of raising an estimated RM810 million in short order, just over a month after it RM2.83 billion settlement for her involvement in the 1MDB scandal …

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