SARAWAK'S STRATEGIC INVESTMENT IN AFFIN BANK COULD BE A 'DOUBLE WIN' - DON

BernamaJul 21 01:34 ET

Sarawak State Govt To Execute Affin Bank Shares Agreement With LTAT Once Approval In Hand

Sarawak and the Armed Forces Fund Board or Lembaga Tabung Angkatan Tentera (LTAT) will finalise the sale and purchase agreement for additional shares in Affin Bank Bhd after obtaining the necessary regulatory approvals, said Sarawak's Premier, Tan Sri Abang Johari Abang Openg. He said this at the signing ceremony of a memorandum of understanding (MoU) [...]

Business TodayJul 19 06:07 ET

Malaysia Closing Bell on 19 July | SDG Was the Top Gainer of FBM KLCI

SDG was the top gainer, rising 4.65 percent to close at RM 4.500. The top loser was PETGAS, losing 1.73 percent to end at RM 18.200.

Moomoo NewsJul 19 05:31 ET

Abang Jo: Sarawak Govt, LTAT to Ink Affin Bank Deal After Securing Regulatory Approvals

The Sarawak Government and the Armed Forces Fund Board (LTAT) will proceed with a sale and purchase agreement (SPA) to raise the state government's stake in Affin Bank on securing regulatory approvals, said Sarawak premier.

The Edge MarketsJul 19 04:05 ET

Malaysia's Exports Set to Gain From Global Tech Upcycle -- Market Talk

The global technology upcycle is expected to further boost demand for Malaysia's exports, Affin Hwang IB analysts Patrick Chong Yeong Yee and Nur Farah 'Ain Binti Zakaria say in a note.

WSJJul 18 22:36 ET

Sarawak and LTAT to Delay Inking of S&P Agreement in Affin Bank Deal, Sources Say

A planned sale and purchase (S&P) agreement between Sarawak and Affin Bank Bhd's (KL:AFFIN) biggest shareholder — the Armed Forces Fund Board (LTAT) — that would have formalised the state's plan to increase its stake in the lender to around 30% from 4.8% currently, has been delayed, sources said.

The Edge MarketsJul 18 20:00 ET