General Announcement for PLC

29/04/2022

OTHERS STAR MEDIA GROUP BERHAD ("the Company") - SUBMISSION OF APPLICATION TO BANK NEGARA MALAYSIA FOR A DIGITAL BANKING LICENSE

STAR MEDIA GROUP BERHAD

Type Announcement
Subject OTHERS
Description 
STAR MEDIA GROUP BERHAD ("the Company")
- SUBMISSION OF APPLICATION TO BANK NEGARA MALAYSIA FOR A DIGITAL BANKING LICENSE

Reference is made to the Company’s announcement dated 30 June 2021 in respect of the application submitted by Paramount Corporation Berhad (“Paramount”), the lead applicant for a consortium to Bank Negara Malaysia (“BNM”) on 30 June 2021 for a digital banking licence pursuant to the Licensing Framework for Digital Banks and Application Procedures for New Licences Under the Financial Services Act 2013 issued by BNM.

 

The Board wishes to inform that based on the announcement released by BNM today and notification by Paramount, the consortium led by Paramount is not one of the successful applicants for the digital banking license.

 

This announcement is dated 29 April 2022.



Announcement Info

Company Name STAR MEDIA GROUP BERHAD
Stock Name STAR
Date Announced 29 Apr 2022
Category General Announcement for PLC
Reference Number GA1-29042022-00072


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30/06/2021 OTHERS STAR MEDIA GROUP BERHAD - SUBMISSION OF APPLICATION TO BANK NEGARA MALAYSIA FOR A DIGITAL BANKING LICENCE
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