RHB Cap Acquisition (RHB Bank)

السَّلاَمُ عَلَيْكُمْ

Maybank and CIMB have began commence to take over RHB Capital the parent company of RHB Bank. Every bank acquisition transaction will be implicated to employee rationalization process to avoid task overlap and cost saving.

The party that succeeds to control RHB Bank must ensure the employee welfare is protected. The party that interested control RHB Bank had to state the human resource planning and purchase offer to RHB Capital shareholder. This is important to ensure the new owner not only seen can increase RHB Bank business potential in fact responsible and fair to staffs.

The government should drafting and provides special programs to help them in search of work or train this group with skill if they choose to venture field or other industry.

Besides that the Human Resources Ministry and Bank Negara should also ensure employee welfare aspect emphasized in RHB Bank acquisition's process later.

Best regards,

./MZ

RHB ex-staff