I on the other hand like Angkasa and Mcash's chances more than Grab-Singtel
Are you backing the wrong horse ? LOL
Angkasa / Boustead are majority Bumiputra owned and has a large co-operative membership for the under-served demographics.
https://fintechnews.my/28045/virtual-banking/angkasa-joins-digital-banking-bid-with-boustead-to-serve-7-million-cooperative-members/Dato’ Haji Abdul Fattah Haji Abdullah, Chairman of MDS and President of ANGKASA, is positive about the prospect of securing one of the five digital banking licenses to be awarded by BNM.
“The pandemic has accelerated the adaptation of technology and eCommerce activity and we will deliver digital banking products that can be personalised to allow our customers to take control of their financial needs. We want to make banking simple by providing our customers full digital experience to innovative products and services that adapt to their lifestyles and requirements. We also want our digital bank to hold to the principles of Shariah-ethical banking without its traditional complexities.”
Boustead’s Group Managing Director, Datuk Seri Mohammed Shazalli Ramly said its involvement in this Consortium is part of our “Reinventing Boustead” strategy. he adds,
“We strongly believe the combination of all parties within the Consortium perfectly complement each other and we are well positioned to deliver the best value aligned with BNM’s aspiration.”
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