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Alliance Bank Malaysia lowers fiscal 2018 dividend

Alliance Bank Malaysia Bhd. lowered its total dividend for the fiscal year ended March 31 to 15.3 Malaysian sen per share from 31.20 sen per share for the prior fiscal year.

The bank said May 31 that it declared a second interim dividend of 6.8 sen per share, bringing its total dividend for the fiscal year to 15.3 sen per share.

As of May 31, US$1 was equivalent to 3.99 Malaysian ringgit.