Sarawak government’s impending increased stake in Affin could keep valuations elevated
KUCHING (Aug 26): The Sarawak government’s impending purchase of a further 15 to 25 per cent stake in Affin Bank Bhd (Affin Bank) could keep its valuations elevated in the near-term, analysts observed. Of note, Affin continued to show weakness in its performance for the second quarter of 2024 (2Q24) as its net interest margin [...]
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