PETALING JAYA: RHB Capital Bhd (RHB Cap), the fourth largest banking group in the country, may abort its plans to acquire 40% stake in Bank Mestika Dharma of Indonesia for RM651mil, a move which will delay its expansion into the country, according to analysts.
In responding to queries from StarBiz on RHB Cap’s planned acquisition of Bank Mestika, the banking group said: “We will make the necessary announcements if there are any updates.”
