Sarawak to buy more Affin Bank shares

The negotiations are still ongoing and the shareholding changes will be announced in due course, Abang Johari said. — Bernama

KUALA LUMPUR: The Sarawak state government will soon raise its stake in Affin Bank Bhd 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 Malaysia regulatory requirements, said Sarawak Premier Tan Sri Abang Johari Openg.