Thursday, April 29, 2010

Allianz Malaysia Berhad : Subscribe For The ICPS

Briefing highlights. AMB held an analysts’ briefing yesterday to discuss the proposed ICPS issue. Although the company had explored various capital raising options, management decided the ICPS was the best option to address the RM490m inter-company loan from Allianz SE, as well as the internal capital requirement under the RBC framework. More details on the ICPS will be given closer to the EGM which is scheduled for 24 Jun.

Allianz Malaysia Berhad : Subscribe For The ICPS

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