PETALING JAYA: While speculation is rife that the Singapore government’s investment arm Temasek Holdings Pte Ltd and co-investor Langkah Bahagia Sdn Bhd are keen to divest their combined stake of close to 30% in Alliance Financial Group Bhd (AFG), sources said they have yet to seek the advice of investment banks on how to proceed.
“No mandate has been given out yet on this deal,” sources familiar with the situation told StarBizWeek yesterday.
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