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S'wak still waiting for approval from BNM to acquire majority stake in Affin Bank, says Premier

S'wak still waiting for approval from BNM to acquire majority stake in Affin Bank, says Premier
theborneopost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theborneopost.com Daily Mail and Mail on Sunday newspapers.

Mohd Faisal Ahmad , Hari Raya Aidilfitri , Abang Johari , Sarawak Economic Development Corp , Sarawak Energy Berhad , Provident Fund , Affin Bank , Phong Bank , Armed Forces Fund Board , Boustead Holdings Bhd , Bank Negara Malaysia , Asia Ltd , Mohd Faisal , Kuching Isthmus , Tan Sri Abdul Aziz Husain , Hong Kong Based Bank , East Asia Ltd , Employees Provident Fund ,

Hong Kong Perpetual Bonds Slump in Sign of China Property Contagion

(Bloomberg) Perpetual dollar bonds sold by several Hong Kong-based companies have recently suffered their largest weekly declines in years, a sign of contagion from China’s property sector woes.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapModi and Xi Speak at BRICS Summit, ....

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Cover Story: Knocking Affin Bank into shape

WHEN Datuk Wan Razly Abdullah Wan Ali joined Affin Bank Bhd as its president and group CEO in April 2020, one of the biggest hurdles he faced was getting people to believe in his three-year plan to transform the country’s second-smallest of eight local banking groups into a stronger entity. Staff were weary from past attempts at change, and analysts the few that continued to keep the stock under their coverage were sceptical about the lofty targets set under the so-called AIM22 plan. ....

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