RHB Capital Bhd (1066) has proposed to undertake a dividend reinvestment plan (DRIP) to give shareholders the option of reinvesting their cash dividends in more of the group's shares- It follows in the footsteps of two other banking groups, Malayan Banking Bhd and AMMB Holdings Bhd, and property trust Axis REIT Managers Bhd which announced DRIPs in the last year or so- RHB, in a stock exchange filing yesterday, said it expects the plan to be put in place by the second quarter of this year, barring unforeseen circumstances-...
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