Sunway Bhd president Datuk Chew Chee Kin said the corporate exercise would enable it to promote financial inclusion for Malaysians and small and medium enterprises (SMEs) aligned to the 10th United Nations Sustainable Development Goal of Reducing Inequalities
KUALA LUMPUR: Sunway Bhd
plans to build a financial technology (fintech) ecosystem and to secure a digital banking licence with the purchase of a 51% stake in Credit Bureau Malaysia (CBM).
The company said its unit Sunway Holdings was acquiring the stake and upon completion, Credit Guarantee Corp Malaysia Bhd (CGC) and Sunway Holdings would be the two shareholders of CBM.
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