Where does OSK fit into RHB Cap, CIMB, MBSB merger?


KUALA LUMPUR: Public Investment Research sees OSK Holdings, which owns 252.304 million shares or 9.91% in RHB Capital, as undervalued at the last traded price of RM2.

The research house said on Thursday OSK should conservatively be valued at RM2.69 per share -- current value of its stake in RHB at RM2.27 per share and land market value of 42 sen a share.  

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