Kuala Lumpur, 16 October 2026 – RHB Bank Berhad has asked Bank Negara Malaysia for more time to conclude negotiations with Tokio Marine Asia Pte Ltd over a proposed insurance restructuring. The transaction could involve RHB Bank disposing of up to 100% of RHB Insurance Berhad before retaining as much as 35% of an enlarged combined insurer.
For Malaysian investors, the extension request matters because the final valuation, ownership and commercial terms will determine whether the deal releases capital while preserving insurance earnings. Negotiations and due diligence have progressed, but the proposed disposal, merger and retained stake are not yet completed or finally approved.
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