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AMMB Holdings raises fiscal 2017 final dividend

AMMB Holdings Bhd. proposed a higher final dividend for the fiscal year ended March 31.

The company said its board proposed a final dividend of 12.6 Malaysian sen per share, up from the prior-year dividend of 10.5 sen per share.

Total dividend for the fiscal year, including an interim dividend of 5 sen per share, amounted to 17.6 sen per share, compared to the prior-year dividend of 15.5 sen per share.

As of May 30, US$1 was equivalent to 4.28 Malaysian ringgit.