Aabar puts another block of shares in RHB Bank for sale


KUALA LUMPUR: Aabar Investments PJS has put up another substantial block of shares in RHB Bank Bhd for sale, as the Abu Dhabi investor continues to pare down its stake in the country's fifth-largest banking group by market value.

According to the term sheet, Aabar is seeking to sell 191 million shares in RHB Bank at between RM5.43 and RM5.54 apiece via a book-building exercise.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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!

   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
MKH Oil Palm IPO oversubscribed
Uzma to raise RM68mil via private placement
MISC to develop world’s first ammonia dual-fuel ships
MIDF boosts security after cyber Incident
Gas Malaysia distribution adjusts tariff down
RHB IB expects 4.2% y-o-y for 1Q GDP print
Miti closely monitoring situation in Middle East for possible escalation in conflict

Others Also Read