Wednesday 11 January 2012

Flash: OSK, RHB submit applications to BNM for possible merger

KUALA LUMPUR (Jan 11): OSK HOLDINGS BHD [] and RHB CAPITAL BHD [] have submitted their applications for the possible merger of the businesses between OSK investment banking group and RHB banking group.

They said in separate statements to Bursa Malaysia on Wednesday that they had submitted their applications to Bank Negara Malaysia (BNM) for the approval of the central bank and the Minister of Finance for the proposed merger.



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