KUCHING: Public Bank Group recently denied any involvement in a joint venture with G Capital Bhd to establish a new bank in Cambodia.
“It has come to the bank’s attention of a news article pertaining to an agreement between Datuk Phan Ying Tong and some parties to establish a new bank in Cambodia, in which the name of Public Bank Berhad has been mentioned.
“We wish to clarify that the Public Bank Group has no involvement at all in the said joint venture,” it said in a statement.
The bank further clarified that Phan had resigned from all his positions in the Public Bank Group and was 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 added.
Any latest information of the Public Bank Group ia available in its website www.publicbankgroup.com.
