Nomura hired as Maybank consultant on RHB Capital

Nomura hired as Maybank consultant on RHB CapitalIn an effort to strengthen their bid for Malaysian bank RHB Capital, Maybank has hired Japanese investment firm Nomoura as consultants on the takeover.  Maybank is competing with rival CIMB Group to form what will be the largest banking group in Southeast Asia. Abu Dhabi Commercial bank is selling its stake in RHB.

Nomoura also served as consultants in Maybank’s successful takeover of Kim Eng, a Singapore stockbroker, last year.  Maybank and CIMB have both received clearance from Malaysia’s Central Bank to engage in negotiations for a period of 3 months.  Shares of RHB hit a record high of RM10.4 earlier this week, and rose .025 today alone.

 



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In an effort to strengthen their bid for Malaysian bank RHB Capital, Maybank has hired Japanese investment firm Nomoura as consultants on the takeover.  Maybank is competing with rival CIMB Group to form what will be the largest banking group in Southeast Asia. Abu Dhabi Commercial bank is selling its stake in RHB. Nomoura also served as consultants in Maybank’s successful takeover of Kim Eng, a Singapore stockbroker, last year.  Maybank and CIMB have both received clearance from Malaysia’s Central Bank to engage in negotiations for a period of 3 months.  Shares of RHB hit a record high of RM10.4...

Nomura hired as Maybank consultant on RHB CapitalIn an effort to strengthen their bid for Malaysian bank RHB Capital, Maybank has hired Japanese investment firm Nomoura as consultants on the takeover.  Maybank is competing with rival CIMB Group to form what will be the largest banking group in Southeast Asia. Abu Dhabi Commercial bank is selling its stake in RHB.

Nomoura also served as consultants in Maybank’s successful takeover of Kim Eng, a Singapore stockbroker, last year.  Maybank and CIMB have both received clearance from Malaysia’s Central Bank to engage in negotiations for a period of 3 months.  Shares of RHB hit a record high of RM10.4 earlier this week, and rose .025 today alone.

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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