Bank Negara caps Abu Dhabi investor Aabar’s rights


Official: Bank Negara has prohibited Aabar from exercising its voting rights in RHBCap to anything above 15.

KUALA LUMPUR: Bank Negara has reiterated an order capping Aabar Investments PJS’ voting rights in RHB Capital Bhd (RHBCap), as well as putting a limit on the number of new shares the Abu Dhabi investor can subscribe to in the bank.

The order, issued in pursuant of the Financial Services Act 2013, was revealed in a filing by RHBCap to Bursa Malaysia yesterday.

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Business , RHB , Bank Negara , Aabar

   

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