KUALA LUMPUR: RHB Banking Group has proposed to dispose of its stockbroking businesses in RHB Securities Singapore Pte Ltd (RHBSS) to Phillip Securities Pte Ltd.
In a statement Monday, RHB said its wholly-owned subsidiary RHB Investment Bank Bhd (RHBIB) has entered into a conditional share purchase agreement with Phillip Securities for the disposal of RHB Securities.
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