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PETALING JAYA: It has been seven working days since RHB Capital Bhd (RHB Cap) and OSK Holdings Bhd requested Bank Negara's approval to commence merger talks but no one is any wiser on how the central bank will decide on this.
KUALA LUMPUR: Bank Negara#8217;s Islamic banking and takaful director Ahmad Hizzad Baharuddin has been appointed director-general of the Labuan Financial Services Authority (LFSA).
KUALA LUMPUR: Alkhair International Islamic Bank (M) Bhd is in discussion with Bank Negara to get approval to start talking with potential acquisition targets, which will allow Alkhair to tap into the ringgit business in the country.
PETALING JAYA: The rally in Malaysia Building Society Bhd (MBSB) shares could be due to its potential to be the beneficiary of a possible increase in civil servant salaries and an anticipation of mortgage tightening measures.
PETALING JAYA: RHB Capital Bhd, Malaysia's fifth-biggest banking group by assets, wants to grow in tandem with OSK Investment Bank Bhd's regional business map if the proposed merger deal between the two banking institutions goes through, according to RHB Banking Group principal officer Renzo Viegas.
PETALING JAYA: As RHB Capital and OSK Investment Bank await the approval to commence merger talks, the question that arises is whether Maybank Bhd will rekindle its intention to acquire RHB Cap.
OSK Investment Bank says announcements on proposed merger with RHB only after Bank Negara green light
PETALING JAYA: OSK Investment Bank Bhd is keeping mum on details of the proposed merger with RHB Banking Group, saying only that it is still awaiting approval from Bank Negara to start discussions.
MALACCA: The public has been advised to be wary of a Macau syndicate whose members masquerade as police or bank officers via email to scam unsuspecting victims.
JUST when one thought that the merger and acquisition momentum had slowed in corporate Malaysia, along comes the announcement by RHB Capital Bhd and OSK Holdings Bhd, which caught many industry observers and analysts by surprise.
PETALING JAYA: RHB Capital Bhd intends to grow in tandem with OSK Investment Bank Bhd's regional business map if the proposed merger deal between both the banking institutions goes through.