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Star Biz7

Selangor eyes banks?

By GURMEET KAUR

MENTRI Besar Selangor Inc (MBI Selangor), which administers assets and investments of the state government, is exploring a presence in banking.

Sources say the state investment arm is eyeing to acquire a substantial stake in a Malaysian bank and have the likes of MBSB Bank Bhd on its radar.

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MBISelangor , BankingMergers , MBSBStake , SelangorInvestments , MalaysiaBanking , FintechGrowth , StateOwnership , MergerTalks

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