Public Bank slips 4% following jumbo rights issue

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Public Bank slips 4% following jumbo rights issue

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Kuala Lumpur skyline at night | leungchopan - Fotolia

The shares of Malaysia’s Public Bank was down 4% following the completion of the lender’s jumbo MR4.83bn ($1.5bn) one for 10 rights issue - the largest ECM trade in the country so far this year.

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