AMMB to Invest 500 Million Ringgit on 2012-14 Capex

(Corrects Ashok’s title in first paragraph.)

AMMB Holdings Bhd. (AMM) will invest 500 million ringgit on capital expenditure between 2012 and 2014, primarily to replace its core banking platform, Deputy Group Managing Director Ashok Ramamurthy told reporters in Kuala Lumpur today.

To contact the reporter on this story: Gan Yen Kuan in Kuala Lumpur at ykgan@bloomberg.net

To contact the editor responsible for this story: Barry Porter at bporter10@bloomberg.net

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