Current market price of RHB Cap ideal for takeover


PETALING JAYA: As RHB Capital and OSK Investment Bank await the approval to commence merger talks, the question that arises is whether Maybank Bhd will rekindle its intention to acquire RHB Cap.

“It makes more commercial sense for Maybank to buy RHB Cap now,” said an analyst. In June, RHB Cap was trading above RM9; it hit a high of RM9.98 and averaged at RM9.61.

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