On 19 February 2024, Public Bank Vietnam had entered into a sale and purchase agreement with RHB Investment Bank Berhad for the proposed acquisition of 100% equity interest of RHB Securities Vietnam Company Limited.
On 4 June 2024, the State Securities Commission of Vietnam (SSC) granted its approval for the proposed acquisition. Public Bank Vietnam will proceed to implement and complete the proposed acquisition in accordance with the applicable regulations.
Barring any unforeseen circumstances, the proposed acquisition is expected to complete in the third quarter of 2024.
Other Information
