Public Bank's Hong Kong unit to take non-cash impairment

Public Bank's Hong Kong unit will take a HK$1.9 billion non-cash impairment, reducing parent earnings and net assets by four sen per share, per The Edge Malaysia. NST reports the RM1 billion hit is unlikely to affect the capital-return plan.

Timeline

1. 21 Oct, 02:50 UTCFirst appeared on Google Trends
2. 21 Oct, 02:50 UTCImpairment figure reported by The Edge
3. 21 Oct, 02:50 UTCThe Star covers low impact on Public Bank

Top sources

• public bank hong kong goodwill impairmentGoogle Trends
• Public Bank’s HK unit to take HK$1.9b non-cash impairment, trimming parent’s net assets and earnings by four sen per shareThe Edge Malaysia
• RM1bil impairment unlikely to affect Public Bank's capital-return planNST Online
• [UPDATED] RM1bil impairment unlikely to affect Public Bank's capital-return planNST Online