RHB Cap rights change hands

PETALING JAYA: A block of RHB Capital Bhd (RHB Cap) ordinary rights (OR) or entitlement to its rights issues have been sold in an off-market deal valued at RM25.62mil.

Sources said the 77.65 million OR sold yesterday had belonged to RHB Cap’s substantial shareholder, Aabar Investments PJS, while the buyer was a local fund. They were transacted at 33 sen each, which represented a discount of 51%, or 34.5 sen, from the closing price of 67.5 sen yesterday.