PUBLIC BANK DENIES INVOLVEMENT IN ESTABLISHMENT OF NEW BANK IN CAMBODIA
KUALA LUMPUR, Dec 9 -- Public Bank Group has clarified that it is not involved in the joint venture agreement between Datuk Phan Ying Tong and several parties to establish a new bank in Cambodia, as reported in a news article recently.
The bank said Phan had resigned from all his positions within the Public Bank Group, and is no longer the regional head of Public Bank’s Indo-China operations.
“Following Phan’s resignation, he is no longer authorised to represent the Public Bank Group in any matters,” it said in a statement today.
It added that the latest information on the Public Bank Group would be available on its website, www.publicbankgroup.com.
-- BERNAMA
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