Following the approval of RHB Capital Bhd’s shareholders to wind up the company at an Extraordinary General Meeting (EGM) today, RHB Banking Group is now able to procure the approval of Bursa Securities and list RHB Bank Bhd on the Main Market of Bursa Malaysia.
RHB in a statement today said RHB Bank would assume the listing status of RHB Capital with an entire issued and paid-up capital of approximately 4.01 billion shares targeted for listing on June 28 this year.
“Any surplus cash remaining in the company after settlement of all liabilities and defrayment of expenses will be returned to the shareholders according to their rights and interests in the company once all statutory requirements in relation to the proposed winding up are complied with,” he said.
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RHB in a statement today said RHB Bank would assume the listing status of RHB Capital with an entire issued and paid-up capital of approximately 4.01 billion shares targeted for listing on June 28 this year.
“Any surplus cash remaining in the company after settlement of all liabilities and defrayment of expenses will be returned to the shareholders according to their rights and interests in the company once all statutory requirements in relation to the proposed winding up are complied with,” he said.
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