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ANZ Group

The stake exit comes three years after ANZ announced it would write down the value of its investment in AMMB after the Malaysian bank settled a claim linked to the massive financial scandal at state fund 1MDB.

Banking & Finance

Australia's ANZ exits Malaysian lender AMMB with US$149 million stake sale

The sale of shares was executed via a block trade, with ANZ offering a total of 171 million shares to potential investors

2024-05-30T10:59:04.000Z

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