RHB Investment Bank expands Singapore operations with acquisition of DMG & Partners

The company has been rebranded as RHB Securities Singapore.

RHB Investment Bank had expanded its Singapore operations with its acquisition of the remaining interest in DMG & Partners Securities.

RHB signed a conditional share purchase agreement with DAPH late last year to acquire the latter’s remaining 49% equity interest in DMG.

This transaction follows the successful business merger between RHB Investment Bank and OSK Investment Bank in April 2013, during which the 51% stake held by OSK Investment Bank in DMG was transferred to RHB Investment Bank.

The company has been rebranded as RHB Securities Singapore Pte Ltd with immediate effect.

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