News about ambank

PUTRAJAYA (Feb 19) : Datuk Seri Najib Razak's appeal over the dismissal of his suit against against AMMB Holdings Bhd, AmBank Islamic Bank Bhd and the bank's former customer relationship manager Joanna Yu Ging Ping has been fixed for hearing at the Court of Appeal on June 25.

KUALA LUMPUR (Aug 10): AmInvestment Bank Research (AmBank) has maintained “Underweight” on Sunway Construction Group Bhd at RM1.

KUALA LUMPUR (June 3): Datuk Seri Najib Razak (pictured) was aware of the state of his accounts when he issued cheques, the prosecution submitted in the ex-premier’s trial today, pointing to the timing of the funding of his accounts by fugitive businessman Jho Low and the subsequent spending of the money by Najib.

KUALA LUMPUR (April 6): AmBank Group Research said even if the movement control order (MCO) is lifted by mid-April or end April, demand is expected to be weak for some time due to travel aversion and social distancing.

KUALA LUMPUR (March 26): AmBank Group Research said the coronavirus-induced recession is expected to place both the global economy as well as the Malaysian economy into technical recession.

KUALA LUMPUR (Feb 11): Ambank Group announced yesterday that it will offer a temporary deferment or restructuring of instalment repayments for individuals and SME customers who are affected by the novel coronavirus (2019-nCOV) outbreak.

KUALA LUMPUR (Feb 4): Former AmBank relationship manager Joanna Yu Ging Ping has today been allowed by the High Court here to defer submitting her defence in the suit filed by former prime minister Datuk Seri Najib Abdul Razak until her bid to strike out the suit is heard first.

KUALA LUMPUR (Jan 29): Former AmBank Islamic Bhd relationship manager Joanna Yu Ging Ping has filed an application to strike out former premier Datuk Seri Najib Abdul Razak’s suit against her, on grounds that this case is being used to bolster Najib’s defence in the SRC International Sdn Bhd trial.

KUALA LUMPUR (Jan 23): The overnight policy rate (OPR) cut should potentially help put a lid on the declining business and consumer sentiments, according to AmBank Group chief economist and head of research Dr Anthony Dass.

KUALA LUMPUR (Dec 19): Datuk Seri Najib Abdul Razak admitted today that he may have signed the Minister of Finance Inc (MoF Inc) shareholders meeting minutes to have Article 117 included in SRC International Sdn Bhd's memorandum of articles of association (M&A).