An Abu Dhabi sovereign wealth fund is exploring the sale of its $1.3 billion stake in Malaysian lender RHB Capital Bhd six months after buying the shares, sources familiar with the matter told Reuters, and has engaged in early talks with Japan's Sumitomo Mitsui Banking Corp (SMBC).
February 14, 2012 2:21
Sale may draw Chinese and other Asian banks-sources; Abu Dhabi Bank may appoint a second adviser - sources; Abu Dhabi Bank bought the stake in 2008
March 26, 2011 4:13
The Ministry of Finance will take its decision to court if shareholders do not sign on to the plan.
February 24, 2011 12:15
The firm will coordinate with all creditors and the restructuring officer for the best ways to resume the restructuring process.
January 31, 2011 12:06