MALAYSIA: Aabar Investments (Aabar) is reportedly considering a write-down of its US$1.91 billion acquisition of a 25% stake in RHB Capital of as much as US$450 million. The investment firm, which bought the stake from Abu Dhabi Commercial Bank (ADCB), is said to have discussed the possibility of a write-down to encourage Maybank and CIMB Group to return to their plans for a merger with RHB Capital, which would then allow Aabar to own a stake in a bigger bank with a stronger valuation. According to reports, Aabar could revalue the asset at between 1.7-1.8 times book value, or down 24%. However, ADCB would still get its US$1.91 billion payment in full while Aabar would book a paper loss for the investment.