Breakthrough in Alliance Financial Group, new shareholders resolve issue

By TEE LIN SAY

Alliance Financial Group Bhd CEO Joel Kornreich

PETALING JAYA: The emergence of three new shareholders in Alliance Financial Group Bhd (AFG) resolves a long-standing shareholding issue at the bank, which counts Temasek Holdings Pte Ltd as the other substantial shareholder.

Langkah Bahagia Sdn Bhd’s 51% stake in private entity Vertical Theme Sdn Bhd has been on sale for quite a while.

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Business , AFG , Ong , Beng , Seng , Alliance Financial , Bank , stocks , shares , Temasek , Vertical Theme , Langkah Bahagia ,

   

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