RHB Bank and BHSB hold 40% and 60% of equity share capital in Boost Bank.
PETALING JAYA: RHB Bank Bhd has subscribed for an additional 8.6 million ordinary shares in Boost Bank for a cash consideration of RM8.6mil, maintaining its 40% equity interest in the digital bank.
This comes as Boost Holdings Sdn Bhd (BHSB), an indirect subsidiary of Axiata Group Bhd
, also subscribed for an additional 12.9 million new Boost Bank shares on Jan 16, 2024 for a cash consideration of RM12.9mil.
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