The diminishing Aabar factor


The central bank has ordered a cap on the voting rights of Aabar Investments PJS in RHB Cap to 15.

TWO days ago, a filing to the stock exchange by RHB Capital Bhd (RHB Cap) took the market by surprise. It said that the central bank had ordered a cap on the voting rights of Aabar Investments PJS in RHB Cap to 15%.

It was also revealed that RHB Cap is prohibited from issuing more than 15% of new shares to Aabar, which currently has a 21.09% stake in RHB Cap.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Business , aabar , rhbcap , bnm

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