RHB prices rights issue

RHB Capital’s rights issue signals the group’s intention to refocus on its own growth after the failure of its three-way merger with CIMB and Malaysia Building Society.

Danny Leung

September 08, 2015

RHB Capital's flagging share price was little moved on Tuesday after the Malaysian banking group finally priced its RM2.5 billion ($577 million) rights issue near the tight end of its indicative discount range.

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