- RHB Cap has just announced that the ex-date for its rights issue has been set on 29 September 2015.

- The entitlement date is 1 October 2015.

- Recall RHB Cap had earlier announced the issue price and the entitlement basis for the its proposed 517,696,286 rights issue were fixed at RM4.82 per rights share on the basis of one (1) rights share for every five (5) existing RHB Cap shares held by the entitled shareholders of RHB Cap.

- The date of commencement of trading of rights is 2 October 2015.

- The date of cessation of trading of rights is 9 October 2015.

- The date for announcement of final subscription result and basis of allotment of excess rights securities is 22 Oct 2015.

- The listing date of the rights securities is set on 30 Oct 2015.

- We maintain HOLD.

Source: AmeSecurities Research - 10 Sep 2015