KLSE (MYR): AFFIN (5185)
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Last Price
2.88
Today's Change
+0.08 (2.86%)
Day's Change
2.82 - 2.94
Trading Volume
7,928,800
2024-07-22
2024-07-19
2024-07-19
2024-07-11
2024-07-10
2024-07-10
2024-07-09
stockraider
31,556 posts
Posted by stockraider > 2024-01-28 11:20 | Report Abuse
Swk can buy 20% stake in Affin Bank without BNM approval loh!
Beyond 20% they need BNM approval, i think if SWK govt really want to exceed 20%, they can easily obtained BNM approval mah!
I think the appropriate stake for SWK state is 20% n beyond loh!
Posted by metaverse > 3 minutes ago | Report Abuse
Affin Bank is the smallest bank in Malaysia so it is kind of interesting that it has attracted the attention of the Sarawak government. Sarawak is the most powerful state in Malaysia which is asking to increase their parliament seats to more than 30%. With this kind of political ambition it is unlikely that Sarawak will be pleased with only a five percent stake in Affin Banks.