Sarawak govt, LTAT to ink agreement on securing regulatory approvals, says Abang Johari
Published on 19 Jul 2024 7:28:59 PM
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 Affin Bank stake on securing regulatory approvals, said Sarawak Premier.
At the signing of the memorandum of understanding (MoU) on Friday (July 19), Tan Sri Abang Johari Tun Openg noted LTAT's long-term sustainable investment philosophy aligns with Sarawak’s.
The Premier believes these collaborations will positively impact Sarawak’s development and provide a financial platform to boost the economy through SME and entrepreneurship programs.
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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 Affin Bank stake on securing regulatory approvals, said Sarawak Premier.
At the signing of the memorandum of understanding (MoU) on Friday (July 19), Tan Sri Abang Johari Tun Openg noted LTAT's long-term sustainable investment philosophy aligns with Sarawak’s.
The Premier believes these collaborations will positively impact Sarawak’s development and provide a financial platform to boost the economy through SME and entrepreneurship programs.
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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