Tuesday, August 3, 2010

AMMB climbs on dividend reinvestment plan

AMMB Holdings Bhd, a Malaysian banking group, rose the most in a year in Kuala Lumpur trading after the company proposed a dividend reinvestment plan.

The stock climbed 3.3 per cent to RM5.26 at 9:10 a.m. local time, set for its steepest gain since August 6, 2009. -- Bloomberg

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