Premier: Sarawak mulls consolidated entity for asset, investment management like Singapore’s Temasek Holdings

  • 📰 malaymail
  • ⏱ Reading Time:
  • 52 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 86%

Sarawak News

Abang Johari Openg,Temasek Holdings

KUCHING, Oct 3 — The Sarawak government is contemplating setting up a consolidated entity as its asset management and investment arm, said Tan Sri Abang Johari Openg. The...

Get your umbrellas ready: Four to six heavy rain episodes expected in Kelantan, Terengganu, Pahang, Johor, Sabah, Sarawak from Nov to March, says MetMalaysia

Malaysian mum pleads for help to find son who vanished after Sept Bangkok trip, says their last conversation was on ‘how to order omelette in Thai’ Will he walk free or defend himself? Najib’s fate in the balance as High Court set to rule on RM2.2b 1MDB trial on Oct 30Abang Johari receives a memento from Abu Bakar after delivering his keynote address. — Photo courtesy of Premier of Sarawak’s OfficeKUCHING, Oct 3 — The Sarawak government is contemplating setting up a consolidated entity as its asset management and investment arm, said Tan Sri Abang Johari Openg.

Abang Johari revealed this when closing the three-day Sarawak Civil Service One Team Retreat in Brunei Darussalam in conjunction with the launch of the Sarawak Trade and Tourism Office Brunei today. “Such a model would also enable remuneration to be set at a high level and comparable to those in developed countries,” he added.

He added the bank would also serve as an avenue to facilitate the state’s current robust overall development.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sarawak Premier Says Acquisition of Majority Stake in Affin Bank Expected Within a WeekSarawak Premier Tan Sri Abang Johari Tun Openg has announced that the Sarawak government's acquisition of a majority stake in Affin Bank Bhd is expected to be finalized within a week. All matters related to the acquisition, including requirements set by Bank Negara Malaysia, have been resolved.
Source: malaymail - 🏆 1. / 86 Read more »