PETALING JAYA: RHB Capital Bhd (RHB Cap) may extend the book closure of its RM2.5bil rights issue beyond Nov 23 and the total number of rights shares if more time is needed to comply with Bank Negara’s order to limit Aabar Investments PJS’ voting rights and stake in the banking group.
Aabar, an Abu Dhabi fund, is one of RHB Cap’s major shareholders with a 21.09% stake and its single-largest shareholder is the Employees Provident Fund, which owns about 41.6% of the company.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!