We sold RCECap at mild profit before bonus and right issues

We do not like the right issue after bous issue. Looks like it is a practise starting from Amfirst then RCEcap. The cash call may be the intention that the biggest share holder forsee some uncertainties ahead and trying to reduce loan ratio and housing the next 2-3 years working capital. Also, selling of AMMB to ANZ Bank given more room for Azman.

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