RHB Bank ends talks to sell insurance unit to Tokio Marine
12 Dec 2019
The Edge Markets MY
KUALA LUMPUR (Dec 12): RHB Bank Bhd, Malaysia's fourth-biggest lender by assets, said on Thursday it had called off talks to sell up to 94.7% of its shares in RHB Insurance to Tokio Marine Asia (TMA), a unit of Japan's Tokio Marine Holdings Inc.