Long-standing rumours about a proposed merger between Malaysian banks AMMB Holdings and RHB Bank have been scotched by Datuk Sulaiman Mohd Tahir, CEO of AmBank Group. I have not received anything as far as a merger initiation goes,” he said brushing aside news of the two banking giants coming together. The two companies are expected to merge in the next few months with an initial public offering (IPO) planned for this year.
Long-standing rumours about a proposed merger between Malaysian banks AMMB Holdings and RHB Bank have been scotched by Datuk Sulaiman Mohd Tahir, CEO of AmBank Group. The two companies are expected to merge in the next few months with an initial public offering (IPO) planned for this year.