KUCHING, Sept 21 – An announcement to finalise the acquisition of a majority stake in Affin Bank Bhd by the Sarawak government is expected within a week, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

He stated that all matters related to acquiring the largest stake in the bank, as well as the requirements set by Bank Negara Malaysia concerning the acquisition, have been resolved.

“We are looking to take over the bank soon. Everything is ready. Bank Negara has also approved it. Just listen out for our announcement in the next week,” he said.

Abang Johari made these remarks while speaking at the 100th anniversary celebration of Rumah Samu, a longhouse in Ulu Paku, Betong, approximately 260 kilometres from here, on Saturday.

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