Majority stake typically will trigger GO..now is a guessing game on price

Sarawak is the center state of attraction at least for coming 10 years. Any investment need the state's approval. Certainly as Affin become Sarawak state bank, gain all the benefits.

looking at current political landscape, the power from East Malaysia is at dominant position. No matters which side in the government. Thus, their controlling bank have the potential to take over any big bank...targeting those current institutional owned bank.

if the MGO offer, based on NTA of RM4.69, with discount of 30% to 40% the price may be higher at least above 3.00. Also it is controlling stake, shall get more premium. Especially LTAT in cash crunch situation. Sarawak will do them a favour