Aeon Credit subscribes additional 100 min Aeon Bank shares for RM100mil

KUALA LUMPUR: Aeon Credit Service (M) Bhd has subscribed for a further 100 million new ordinary shares in its 50 per cent-owned associate company Aeon Bank (M) Bhd for RM100 million at an issue price of RM1 per share.

In a Bursa Malaysia filing today, Aeon Credit said its total shareholding in Aeon Bank’s share capital has increased from 175 million ordinary shares to 275 million ordinary shares.

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