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.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
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!