Sarawak government raises stake in Affin Bank to 31%


Sarawak Premier Tan Sri Abang Johari Openg.

KUCHING: The Sarawak government has raised its stake in Affin Bank Bhd to 31% after concluding a sale purchase agreement with the Armed Forces Fund Board and Boustead Holdings Bhd.

Premier Tan Sri Abang Johari Openg said the investment was a strategic move to create a financial platform with a sound and competent bank to boost Sarawak’s economic potential.

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