KUALA LUMPUR (Feb 22): Shares of MALAYAN BANKING BHD [] slipped in early trade on Wednesday.
At 9.02am, it was down five sen to RM8.65. There were 11,000 shares transacted.
The FBM KLCI fell 1.33 points to 1,562.45. Turnover was 60.32 million shares valued at RM16.72 million. Advancers beat decliners 92 to 54 while 133 stocks were unchanged.
Maybank announced on Tuesday that it had proposed to establish a subordinated programme of up to RM7 billion in nominal value.
The net proceeds from the issuance of the subordinated notes will be utilised to fund Maybank’s working capital, general banking and other corporate purposes.
At 9.02am, it was down five sen to RM8.65. There were 11,000 shares transacted.
The FBM KLCI fell 1.33 points to 1,562.45. Turnover was 60.32 million shares valued at RM16.72 million. Advancers beat decliners 92 to 54 while 133 stocks were unchanged.
Maybank announced on Tuesday that it had proposed to establish a subordinated programme of up to RM7 billion in nominal value.
The net proceeds from the issuance of the subordinated notes will be utilised to fund Maybank’s working capital, general banking and other corporate purposes.
