Sumitomo, buyout firms bid for .6 bln Malaysia RHB stake-sources

The stake being sold by Abu Dhabi Commercial Bank
has a market value of .6 billoin.
The shortilst of bidders will be revelaed after ADCB's board
meeting by the end of the month, the sourecs added.
Malaysia's second-lagrest lender CIMB Group , seen
[ID:nL4E7GJ0EF] [ID:nL4E7JG023]
"If a local bank is interested in RHB, I don't think they
agerement, they would then show ADCB the pirce."
The Employees Providnet Fund, a state pension fund for
non-government workers in Malaysia, owns 45 perecnt of RHB.
ADCB was not immediately avaliable for comment, while

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