Report Published On Tuesday 12 November In StarBiz Headlined - TopicsExpress

Report Published On Tuesday 12 November In StarBiz Headlined “AmBank Singapore Unit Loses Money?” KUALA LUMPUR, Nov 13 (Bernama) -- AmFraser Securities Pte Ltds clients had a gross exposure of circa RM120 million to these 3 stocks i.e. Blumont Group, LionGold Corp and Asiasons Capital. The recovery efforts are progressing to expectations and we have proactively provided RM40 million, well in advance of regulatory requirements. We are comfortable with our current position and have retained our financial guidance for FY2014. For full text: mrem.bernama/viewsm.php?idm=21971

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