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Stock on the Move

Affin Bank rises on news of Sarawak Government's stake acquisition

KUALA LUMPUR: Affin Bank Bhd rose in early trade Monday, buoyed by news that an announcement regarding the finalisation of the Sarawak government's acquisition of a majority stake in the bank is anticipated within the week.

The bank surged 19 sen, or 6.62%, to RM3.06 at 9.09 am, marking an impressive rise of 47.12% so far this year.

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Affin Bank , Sarawak , acquisition , Bank Negara

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