CIMB Group Holdings Berhad
Nomura hired as Maybank consultant on RHB Capital
In an effort to strengthen their bid for Malaysian bank RHB Capital, Maybank has hired Japanese investment firm Nomoura as consultants on the takeover. ...
Permodalan Nasional Bhd ok with Maybank’s pursuit of RHB Capital
As Maybank negotiates a potential takeover of RHB Capital, one of its major shareholders, Permodalan Nasional Bhd, voices its support. PNB President and Group...
ADCB shares up on RHB Capital news
Shares for Abu Dhabi Commercial Bank have increased 8.4% this week following the news the bank would be unloading its 25% stake in Malaysian...
Maybank and CIMB to bid for RHB
Malaysia’s two largest banks have each announced interest in pursuing a merger with the 5th largest bank in the country, RHB Capital. The potential...
ADCB selling stake in RHB Capital
Abu Dhabi Commercial Bank is selling a 25% stake in Malaysian bank RHB Capital. It is valued at about $1.6 billion. They will announce...
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Southeast Asia’s tallest tower to open next year
Southeast Asia’s tallest building and the second tallest in the world, the Merdeka 118 tower in Kuala Lumpur, Malaysia is due for completion by...
Stories of the week
Thailand scores low in digital agility
Thailand has been ranked at the bottom of nine Asia-Pacific markets for digital agility despite its claims of aiming to become a "digital hub"...