RHB CAPITAL BHD said its indirect wholly-owned subsidiary, Straits Securities Bhd, yesterday completed the transfer of its stockbroking business (including assets and liabilities) to RHB Securities Sdn Bhd, another indirectly owned unit of RHB Capital.
Following the transfer, the current business premises of Straits Securities is converted into the Malacca branch of RHB Securities and Straits Securities shall cease to be a licensed dealer and will change its name to SSSB Services (Melaka) Sdn Bhd.
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