Aabar’s journey into RHB

WHEN Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd were locked in a fight to wrest control of smaller rival RHB Capital Bhd (RHB Cap) in 2011, there was a lot happening behind the scenes.

Alongside this major takeover bid was the sale of Abu Dhabi Commercial Bank’s (ADCB) 24.9% stake in RHB Cap.