Sarawak State Government plans to increase stake in Affin Bank


KUALA LUMPUR: The Sarawak state government will soon raise its stake in Affin Bank to be a more significant shareholder in the bank.

The negotiations are still ongoing and the shareholding changes will be announced in due course taking into consideration Bursa regulatory requirements, said Sarawak Premier Tan Sri Abang Johari Openg.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Affin Bank , Abang Johari Openg

Next In Business News

Bursa Malaysia starts week lower amid cautious sentiment
Ringgit higher against most major currencies, easier vs US dollar
Trading ideas: EITA, Alam Maritim, Well Chip, UMS Integration, Lianson Fleet, Encorp, Pineapple Resources
Pekat’s prospects brighten on solar job
Bulls seek protection in world’s hottest market
Central banks keep gold bullish long term
Global IPOs unlikely to trigger outflows
MISC’s�carbon capture and storage push deepens with new charter deal
World cup nears, homeless crisis lingers
Jakarta’s commodities reality check

Others Also Read