RHB Bank

RHB maintains their earnings forecast but expects sector 2024F PATMI to increase by 6% y-o-y.

The stock’s share price has risen 10% year-to-date and outperformed the STI by 7%.

Singapore’s May NODX plunged with a contraction of 14.7% y-o-y, significantly worse than Bloomberg’s median estimate of -7.9%.

Also of potential interest are two pure-play data centre S-REITs: Keppel DC REIT and Digital Core REIT.

He replaces Azlan Zainol who had recently retired as the group’s chairman.

Straco Corp, Food Empire Holdings and Marco Polo Marine among RHB’s stocks to watch in 2021

Choong was most recently the deputy CEO of RHB Bank Lao before his appointment as CEO.

Malaysia has placed a moratorium on loans to help firms cope with Covid-19, but this could only serve to delay a debt and impaired loan crisis

KUALA LUMPUR/SINGAPORE (Aug 23): Australia and New Zealand Banking Group's (ANZ) talks to sell its 24% stake in Malaysian lender AMMB Holdings (AmBank) to retirement fund KWAP have been called off, people familiar with the matter said on Wednesday.