AMMB has announced that it has no plans to merge with ANZ , following reports that the company may revisit earlier plans of a merger. The reports had also mentioned that should the merger take place, it would result in AMMB Holdings 's stake in AMMB Holdings being diluted to below 20% .
RHB Capital has announced that it has no plans to merge with AMMB Holdings, following reports that the company may revisit earlier plans of a merger. The reports had also mentioned that should the merger take place, it would result in ANZ's stake in AMMB being diluted to below 20%.