Fusang Exchange Ltd, Baxian Bank Ltd keen to invest in Sarawak

Abang Johari (centre) poses for a group photo with Hashim (second left) and others during the courtesy call. Photo: Ukas

KUCHING, Aug 13: Fusang Exchange Limited and Baxian Bank Limited, companies based in Labuan, have expressed interest in investing in Sarawak.

According to a report by Sarawak Public Communications Unit (Ukas), Fusang Exchange chairman General Tun (Dr) Hashim Mohd Ali (Rtd) said his party is interested in Sarawak’s development and the plans that the Sarawak government will carry out.

“We acknowledge Sarawak’s development and development programmes.


“Sarawak is a big region, and the opportunities are also huge, not to mention we are also looking at the plans that the Premier of Sarawak has for the coming years,” he said after paying a courtesy call to Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg at the latter’s office at Wisma Bapa Malaysia here on Friday (Aug 12).

Hashim hoped cooperation between the Sarawak government and his parties would be established.

Also present at the courtesy visit were Fusang Exchange Ltd chief executive officer Henry Chong and Baxian Bank Ltd president David Chong.

Licensed in Malaysia, Fusang Exchange is the first digital securities and asset exchange recognised by the British Virgin Islands Financial Services Commission (FSC), paving the way for BVI-registered companies based in Asia to benefit from the efficiencies of listing their shares digitally via equity tokens. — DayakDaily