Having RHB shares is really a pain in the ass for OLH----you cannot dispose to a individual except to a listed Co. And if you want to delist, you are required to hold less than 5% by Bank Negara. Average RHB acquired cost is between 7.25--7.50 as revealed in AGM a few year back
@Muthuarum, may be have to jump off from the helicopter and suffer some injuries. The OSK helicopter will not crash . It is just taking the minority passengers like me for a very long ride in the air . Hahaha..
Even Petronas is bidding for a Digital License. Strange but quite obvious if you see EU wants to go Green Tech ( like tomolo hahaha ) So will Digital Bank helps Petronas, Yes and No. But OLH will surely benefit bcos He is stock Trader. Can start a online Trading House where you can pay your fees using yr Smartphone
@JJChan,, I fully concur your view that the RHB stake is a pain in OLH’s ass . On one hand, there is so much uncertainty to what will happened to the 10.13% stake in RHB post OLH's era. Will BNM pressure him to pare down? Will BNM allow him to pass the same stake down to his children ? All these are at mercy of BNM's control and policy! On the other hand,. It is no easy to get buyers for this big stakes with BNM has to approve the buyer and also who get to sit on the board . It is unlikely to get good valuation for such block of share in very restrictive environment.
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