RHB Cap to work on sweating its assets


Optimistic: Khairussaleh says following the completion of the restructuring programme, the group can grow on its own strength.

It’s banking on strong fundamentals after two merger plans failed.

The group, which will have RM2.5bil following a rights issue to be completed in October, will focus on its internal reorganisation with RHB Bank Bhd taking over the listing status of RHB Cap.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , rhb , loan , merger

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read