After selling Ambank's shares for 700 million dollars, Australia's fourth largest bank completely exits

ANZ Group (ANZ Group) has fully sold off 5.2% of its shares held in Bank Malaysia (AMBANK, 1015, Main Board Financial Shares) at a total price of about US$149 million (approximately RM700 million).

The “Business Times” quoted foreign media sources as saying that Australia's fourth largest bank, the ANZ Group, sold all of its shares in Bank Malaysia for about RM700 million.

The total divestment price of these shares ranged from US$147 million to US$149 million, which is equivalent to RM4.05 to RM4.10 per share.

The ANZ Group only announced the sale of 16.5% of Bank Malaysia's shares at RM3.85 or US$444 million (approximately RM2.1 billion) per share on March 6 this year.

With the completion of this transaction, this also meant that the ANZ Group completely withdrew all of Bank Malaysia's investments.