RHB OSK

RHB Capital to buy OSK Investment Bank

RHB Capital will pay $620 million in cash and shares for OSK Investment Bank in the latest acquisition by a Malaysian bank.

<div style="text-align: left;"> RHB's headquarters in Kuala Lumpur </div>

Rupert Walker

May 29, 2012

A year ago, RHB Capital was the prey; now it’s the predator. In June 2011, it was the target of Malaysian competitors CIMB and Maybank before both rivals aborted their bids. Yesterday, RHB announced a deal that should position it to rival CIMB’s domestic and regional franchise and become the country’s biggest investment bank by assets.

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