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Byline: Nuryushida Laily Yusof
PRIME Minister Datuk Seri Dr Mahathir Mohamad yesterday said he hoped RHB Bank Bhd would merge with Utama Banking Group Bhd and that a decision on the merger would be reached this week.
Market talk was rife that the merger had fallen through following disagreement over price and management, but Utama has so far denied this, saying that negotiations with RHB Capital Bhd, the parent company of RHB Bank, are still going on.
"We hope they (RHB Bank) will merge with Utama and I hope there will be a decision (made) this week because it is getting very late," Dr Mahathir told reporters after an official function in Kuala …