KUALA LUMPUR (Sept 22): RHB Bank Bhd has set its dividend reinvestment plan (DRP) issue price at RM4.69 per share.

This was based on its five-day weighted average price of RM5.3565 until Sept 21, after adjusting for a 10% discount to the ex-dividend average price of RM5.2065, the group said in a bourse filing today.

Oct 6 has been fixed as the book closure date for the DRP and the interim dividend of 15 sen per share.

“Barring any unforeseen circumstances, the DRP shares will be listed on the Main Market of Bursa Securities on Nov 5,” RHB said.

Shares of RHB settled up 2 sen or 0.37% at RM5.38 today, valuing the banking group at RM21.89 billion.