More News
INVESTMENT BANKING | Cesar Tordesillas, Malaysia
view(s)

RHB, OSK receive Central Bank's consent to negotiate

RHB Capital Bhd and OSK Holdings Bhd have secured Bank Negara Malaysia's approval to commence negotiations for a possible merger between RHB Banking Group and OSK Investment Bank Bhd.

 

The merger negotiation is valid for three months from Oct 13, 2011, the date of the central bank's letter to the respective parties, both RHB Capital and OSK Holdings said in separate filings to Bursa Malaysia today.

They said further details on the development will be made in due course, according to a report by Bernama News.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.