Ltat To Retain Significant Stake In Affin Bank Says Minister


 
Defence minister Khaled Nordin says LTAT’s plan to a stake in Affin Bank is an investment decision that will yield positive returns in the form of ‘competitive and sustainable dividends’. (LTAT pic)PETALING JAYA: The Armed Forces Fund Board (LTAT) will remain a significant shareholder in Affin Bank Bhd even if its plan to sell a portion of its stake goes ahead, says defence minister Khaled Nordin.
Khaled said LTAT’s “proposal” to sell part of its stake in Affin Bank was reasonable and an “investment decision that would yield positive returns in the form of competitive and sustainable dividends”.
He said the sale would allow LTAT, which currently has a 48.7% stake in Affin Bank, to balance its investment portfolio according to the objectives laid out under the board’s Strategic Asset Allocation Framework.
“The proposed partial divestment of these shares to stakeholders with strong financial capability will provide higher value-added to the bank in terms of business growth and long-term increase in profitability.
“Besides, LTAT will remain a significant shareholder of Affin Bank if the sale is finalised,” he said in a written parliament reply.
In January, Sarawak premier Abang Johari Openg said negotiations with LTAT for the state government to acquire an additional stake in Affin Bank was set to be finalised soon.
The Sarawak government had a 4.95% stake in the bank after it bought 112.56 million shares in mid-April last year at RM1.97 per share, or RM221.74 million in total.
In December, The Edge reported that Sarawak was interested in acquiring an additional 15% stake in Affin Bank from LTAT, which owns a 29.7% stake in the bank, while its wholly owned unit Boustead Holdings Bhd has a 20.65% stake. - FMT


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2024/03/ltat-to-retain-significant-stake-in.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Housing And Local Govt Ministry To Introduce New Public Housing Model Says Minister

Housing And Local Govt Ministry To Introduce New Public Housing Model Says Minister

papar berkaitan - pada 8/3/2024 - jumlah : 437 hits
He said the PRR would be well integrated sustainable and liveable accommodating quality commercial viability green spaces community centre and other features Picture by Ahmad ZamzahuriHONG KONG March 8 The Ministry of Housing and Local Gove...
Rahmah Sales Programme At 450 Locations For Ramadan Says Minister

Rahmah Sales Programme At 450 Locations For Ramadan Says Minister

papar berkaitan - pada 10/3/2024 - jumlah : 354 hits
Armizan Mohd Ali said the Rahmah sales programme during Ramadan will provide daily necessities at a discount of 10 30 PAPAR The domestic trade and cost of living ministry will expand the implementation of the Rahmah sales programme during R...
Overly Strict Media Rules Deter Discussion Of Sensitive Topics Says Ex Minister

Overly Strict Media Rules Deter Discussion Of Sensitive Topics Says Ex Minister

papar berkaitan - pada 23/2/2024 - jumlah : 227 hits
The Anti Fake News Act 2018 was introduced during Salleh Said Keruak s tenure as communications and multimedia minister just before the 14th general election PETALING JAYA A former communications and multimedia minister has cautioned that a...
Opposition Equally To Blame For Depreciating Ringgit Says Ex Minister

Opposition Equally To Blame For Depreciating Ringgit Says Ex Minister

papar berkaitan - pada 23/2/2024 - jumlah : 284 hits
The opposition is equally to blame for the falling ringgit value and the current state of the economy said Salleh Said Keruak According to the former minister from BN this was because the opposition was constantly talking about toppling the...
Make Epf Contribution For Informal Workers Mandatory Says World Bank

Make Epf Contribution For Informal Workers Mandatory Says World Bank

papar berkaitan - pada 26/2/2024 - jumlah : 342 hits
World Bank country manager for Malaysia Yasuhiko Matsuda said the government should formulate policies that can ensure informal workers feel secure and well protected KUALA LUMPUR The government should make automatic contributions to retire...
Feasibility Study Needed For Glc To Regulate Ree Industry Says Minister

Feasibility Study Needed For Glc To Regulate Ree Industry Says Minister

papar berkaitan - pada 12/3/2024 - jumlah : 259 hits
Julau MP Larry Sng had suggested the government consider establishing a GLC to regulate the REE industry PETALING JAYA A feasibility study is needed before establishing a GLC to regulate and explore the rare earth elements sector in Malaysi...
Pm Should Fire Finance Minister Hamzah Says Over Ringgit Decline

Pm Should Fire Finance Minister Hamzah Says Over Ringgit Decline

papar berkaitan - pada 27/2/2024 - jumlah : 247 hits
PARLIAMENT The prime minister should sack the finance minister over the declining ringgit said Opposition Leader Hamzah Zainudin in a broadside against Anwar Ibrahim who holds both posts Hamzah said Anwar when he was in the opposition was v...
Moe To Stop All Outdoor Activities If El Nino Worsens Says Deputy Education Minister

Moe To Stop All Outdoor Activities If El Nino Worsens Says Deputy Education Minister

papar berkaitan - pada 11/3/2024 - jumlah : 303 hits
School students use umbrellas to protect themselves from the sun s rays in Kuala Lumpur March 11 2024 Bernama picIPOH March 11 The Ministry of Education will suspend all activities outside the classroom if the El Nino phenomenon currently p...
Chaos In Dewan Rakyat After Bersatu Mp Says Pressured To Support Pm

Chaos In Dewan Rakyat After Bersatu Mp Says Pressured To Support Pm

papar berkaitan - pada 28/2/2024 - jumlah : 312 hits
Chaos erupted in the Dewan Rakyat today after a Bersatu MP said he had been pressured and threatened multiple times to pledge his support for Prime Minister Anwar Ibrahim Wan Saiful Wan Jan told the Dewan Rakyat that he had been contacted n...
Apa Agenda Mereka Mengapa Ktm Perlu Ditukar Tetapi Nama Penjajah Kekal Mekar

Terkini Syarat Baharu Masuk Ke Thailand

Dua Anak Jiran Dibunuh Kerana Memancing Kolam Keluarga

World Bank Forecasts 3 9 Growth For Malaysia

Doa Robithoh Arab Latin Dan Artinya

Dua Lelaki Dikenakan Denda Kerana Mengganggu Ketenteraman Awam Di Festival Songkran Bandar Utama Mall

Kashmir Killings Not Just Attack On India But Humanity

Techcrunch Mobility Slate S New Ev Truck And Tesla S Competing Realities Revealed


echo '';
Info Dan Sinopsis Drama Berepisod Dendam Seorang Madu Slot Tiara Astro Prima

10 Fakta Biodata Amira Othman Yang Digosip Dengan Fattah Amin Penyanyi Lagu Bila Nak Kahwin

5 Tips Macam Mana Nak Ajak Orang Kita Suka Dating Dengan Kita

Info Dan Sinopsis Drama Berepisod Keluarga Itu Slot Lestary TV3

Bolehkah Manusia Transgender Mencapai Klimaks Selepas Bertukar


Dah Lama Pendam Abby Abadi Dakwa Pernah Dipukul Norman Hakim Separuh Nyawa

The Evolution Of Gaming Technology How Video Games Have Transformed Over The Years

Melamun Mana Lagi

Bn Menang Besar

Elderly Woman Killed In Hit And Run Accident At Traffic Light

Rm20 Million Spent On Kl Tower Repairs Upgrades