OTHERS RHB BANK BERHAD ("RHB BANK") DISPOSAL BY RHB BANK (L) LTD ("RHBBL"), A WHOLLY-OWNED SUBSIDIARY OF RHB BANK, OF ITS ENTIRE EQUITY INTEREST IN RHB INTERNATIONAL TRUST (L) LTD ("RHBIT") TO PACIFIC TRUSTEES BERHAD ("PACIFIC TRUSTEES") FOR A CASH CONSIDERATION OF APPROXIMATELY USD173,490 ("DISPOSAL")
| RHB BANK BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | RHB BANK BERHAD ("RHB BANK")
DISPOSAL BY RHB BANK (L) LTD ("RHBBL"), A WHOLLY-OWNED SUBSIDIARY OF RHB BANK, OF ITS ENTIRE EQUITY INTEREST IN RHB INTERNATIONAL TRUST (L) LTD ("RHBIT") TO PACIFIC TRUSTEES BERHAD ("PACIFIC TRUSTEES") FOR A CASH CONSIDERATION OF APPROXIMATELY USD173,490 ("DISPOSAL") |
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We refer to our earlier Announcement dated 14 December 2020 on the above matter.
The Board of Directors of RHB Bank wishes to announce that RHBBL had on 11 March 2021, completed the Disposal. With the completion of the Disposal, RHBIT has ceased to be a wholly-owned subsidiary of RHBBL.
This announcement is dated 12 March 2021. |
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Announcement Info
| Company Name | RHB BANK BERHAD |
| Stock Name | RHBBANK |
| Date Announced | 12 Mar 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-11032021-00034 |