ABMB right issues will be listed tomorrow 15/July but funny thing is the balance of excess right issue still not yet being returned to applicants.The outcome of excess right issues is already known few days ago yet they are still keeping the balance. Is it legal to keep the balance at this time!!

Alliance Bank Malaysia Berhad has a stable short-term outlook, supported by strong loan growth, steady earnings, and solid asset quality. The stock is fairly valued, with potential to rise if momentum continues. It’s expected to trade between RM4.30–4.60, with a slightly bullish bias.


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RENOUNCEABLE RIGHTS ISSUE OF 182,130,109 NEW ORDINARY SHARES IN ALLIANCE BANK MALAYSIA BERHAD ("ABMB" OR "COMPANY") ("ABMB SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM3.33 PER RIGHTS SHARE ON THE BASIS OF TWO RIGHTS SHARES FOR EVERY 17 EXISTING ABMB SHARES HELD AS AT 5.00 P.M. ON 16 JUNE 2025

Ex date for RI today. It will commence at RM4.28

(RM4.4 x 1700) + (RM3.33 x200) =RM8146

RM8146/1900= RM4.28