Aabar ceased to be a substantial shareholder in RHB Bank in June last year after its sold another block that brought down its shareholding in the bank to less than 5%. The EPF is currently the largest shareholder in RHB Bank with a 42.86% stake.
PETALING JAYA: Aabar Investments PJS is exiting RHB Bank Bhd by putting up its remaining 4.23% stake in the bank for sale for close to RM1bil.
According to sources, the Abu Dhabi-based fund is offering its entire stake of 169.52 million shares for sale at a price range of RM5.45 to RM5.62 per share, which will see it receiving up to RM953mil.
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