KUALA LUMPUR: OSK Holdings Bhd
’s (OSKH) shareholding in RHB Capital Bhd (RHB Cap) may exceed the 10% threshold legally allowed as a result of Bank Negara’s restriction on another major shareholder, Aabar Investments PJS, from increasing its stake beyond 15% under RHB Cap’s rights issue exercise.
In a filing with Bursa Malaysia yesterday, the financial services group said OSKH, which currently owns 9.97% in RHB Cap, had informed of its intention to subscribe in full for its entitlement under the rights issue announced in April.
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