RHB Said to Weigh Using Stock to Buy OSK Investment Bank

RHB Capital Bhd., Malaysia’s fifth-biggest banking group, may issue stock to pay for OSK Holdings Bhd.’s investment bank, three people with knowledge of the matter said.

RHB may issue new shares equivalent to as much as 10 percent of its existing equity to pay for the unit, said the people, who declined to be identified as talks are private. That would value the transaction at as much as 1.63 billion ringgit ($514 million), based on RHB’s Nov. 18 closing price.