RHB Bank has informed that it no longer operates RHB Futures Hong Kong after dissolving the company with effect from 15 September..
In an announcement to Bursa, RHB Bank said having announced in December 2022, RHBFHK an indirect wholly-owned subsidiary, has been dissolved on 15 September 2023 in accordance with company winding-up provisions and the Ordinance of Hong Kong. With this, RHB Bank said the unit is no longer an indirect wholly-owned subsidiary.
The dissolution it sai will not have any material effect on the earnings and net assets for the financial year ending 31 December 2023.
