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3 days ago · The deal followed a sale and purchase agreement between Public Bank Vietnam Ltd. and RHB Investment Bank Berhad (RHBIB), a wholly-owned subsidiary of RHB Bank Berhad, on February 19. The deal was estimated to be worth $15.2 million. RHB Securities Vietnam, formerly known as Vietnam Securities Corporation (VNSEC), was established in December 2006.
4 days ago · KUALA LUMPUR, June 25 — RHB Investment Bank Bhd has lowered its 2024 headline inflation projection for Malaysia to 2.6 per cent year-on-year (y-o-y) from the previous forecast of 3.3 per cent. The projected range is revised to 2.5 per cent to 2.8 per cent y-o-y versus the former estimate of 3.2 per cent to 3.6 per cent. “Our revision is ...
4 days ago · Tue, June 25, 2024 | 10:43 pm GMT+7. Public Bank Vietnam, a wholly owned subsidiary of Malaysia’s Public Bank Berhad, has reportedly completed the acquisition of RHB Securities Vietnam. This move followed the issuance of a permit by the State Securities Commission of Vietnam (SSC) to rename RHB Securities Vietnam as Public Bank Securities ...
1 day ago · KUALA LUMPUR (June 28): Kenanga Research has maintained its end-calendar year 2024 (CY2024) FBM KLCI target of 1,700 points, based on 16 times CY2024 earnings (+16.2%). In a market strategy note on Friday, the research house projected KLCI’s earnings growth to moderate to 8.1% in CY2025. “On one hand, we acknowledge that the key catalyst ...
