RHB plans to complete the sale in the third quarter of this year. — Reuters pic
In a filing with Bursa Malaysia, RHB Bank said its investment banking unit today inked a conditional agreement with Phillip Securities for the proposed disposal of RHBSS, which is expected to be completed in the third quarter of 2020. As such, Philip Securities would only be acquiring RHBSS’ stick broking business, RHB Bank said without mentioning any purchase consideration figure.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
RHB disposes of Singapore stockbroking business to Phillip SecuritiesKUALA LUMPUR: RHB Banking Group has proposed to dispose of its stockbroking businesses in RHB Securities Singapore Pte Ltd (RHBSS) to Phillip Securities Pte Ltd.
Läs mer »