Malaysia's RHB Bank bags approval to buy Vietnam Securities Corp

Malaysia's RHB Bank bags approval to buy Vietnam Securities Corp

An RHB Investment Bank Bhd.-branded overpass, photographed through a taxi, stands outside the company's headquarters in Kuala Lumpur, Malaysia, on Monday, July 21, 2014. Photographer: Brent Lewin/Bloomberg

Malaysia’s RHB Bank Bhd has secured the approval of the State Securities Commission of Vietnam (Vietnam SSC) for its proposed acquisition of the remaining 51 per cent stake in Vietnam Securities Corporation (VNSEC) for VND121.63 million ($5.37 million) in cash.

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