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RHB Holdings Hong Kong set to assist more mainland China customers

RHB Holdings Hong Kong set to assist more mainland China customers

(8 May 2013 – Hong Kong) The merger between Malaysia’s RHB Investment Bank (RHBIB) and OSK Investment Bank (OSKIB) has now completed, with the 100 percent stake in RHB Holdings Hong Kong transferred to RHBIB.

RHB Holdings Hong Kong is now a member of RHB Banking Group – one of Malaysia’s leading financial services groups.

'It is an exciting time for the RHB Banking Group as we move towards positioning ourselves as a leading multinational financial services group in the region,' said Kellee Kam, Group Managing Director.

He said RHBIB has a staff strength of over 3600, shareholders' funds of some US$623 million (A$608 million) and a network of close to 100 offices in seven countries across ASEAN and China.

Kam said that RHBHHK targets to assist more of its mainland China customers in their funding and capital raising activities.

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