Aabar puts 120 million shares in RHB Bank on the block


The bank is considering selling its 17-storey location in the city-state

KUALA LUMPUR: Aabar Investments PJS is seeking to reduce its stake in RHB Bank Bhd.

The unit of Abu Dhabi sovereign wealth fund Mubadala Investment Co is offering to sell 120.3 million RHB Bank shares at RM5.07 to RM5.18 each, according to the terms sheet.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Last-minute selling drags FBM KLCI down
SMG sees 9% jump in 3Q revenue
Trump’s economic policies can add RM19.7bil to Malaysia's GDP- Juwai IQI
Sony is in talks to buy media powerhouse behind 'Elden Ring', sources say
Singapore shares hit 17-year high on market revival efforts
Boost launches BoostMyMoney with UOBAM Malaysia
Malaysia raises December crude palm oil export duty to 10%
China expected to leave benchmark lending rates unchanged on Wednesday
Hibiscus Petroleum posts lower 1Q net profit of RM75.6mil
Sirim CEO appointed as WAITRO regional representative for 2025/26 term

Others Also Read