RHB Capital, Allianz in merger talks


  • Business
  • Wednesday, 09 Jul 2003

RHB Capital Bhd has begun talks with Allianz AG on the possibility of establishing a partnership in Malaysia in non-banking areas. 

In an announcement to the KLSE yesterday, RHB Capital said Bank Negara had granted it approval in principle to begin “merger talks” with Allianz AG “in terms of non-banking business opportunities in Malaysia”. 

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