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AMMB to issue 96m new shares to Bumis.
AMMB Holdings Bhd, a banking group, has proposed to sell 96.3 million new shares to Bumiputera investors under a special issue to reinstate the Bumiputera equity portion by May 17 2009. In 2007, the Securities Commission approved the investment by Australia's ANZ banking group, which would reduce the Bumiputera equity. The approval was …
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