Affin Holdings Bhd

Type: Company
Name: Affin Holdings Bhd
First reported Jul 21 2014 - Updated Jul 21 2014 - 1 reports

Ample liquidity drawn to cash calls

A + A - Reset KUALA LUMPUR: Making a cash call is no longer unpalatable to investors, thanks to the ample liquidity. The recent hike in overnight policy rate (OPR) will be another good reason for more companies to opt for rights issues to raise fresh ... [Published Malaysia Edge - Jul 21 2014]
First reported Jul 18 2014 - Updated Jul 18 2014 - 1 reports

BEA takes up rights in Affin

THE Hong Kong-based The Bank of East Asia Ltd (BEA) acquired 105.45 million shares in Affin Holdings Bhd, following the subscription of rights issues on July 11. Tan Sri Quek Leng Chan is BEA’s second largest shareholder with 15.02%, while Spain’s CaixaBank ... [Published Focus Malaysia - Jul 18 2014]
First reported Jul 12 2014 - Updated Jul 12 2014 - 1 reports

More M&As ahead in the banking sector?

An analyst does not discount the possibility of a Maybank-Public Bank merger.WITH the financial institution landscape shrinking fast, the number of banks in operation is countable. It will appear that moving forward, medium-sized banks will cease to ... [Published thestar.com.my - Jul 12 2014]
First reported Jul 12 2014 - Updated Jul 12 2014 - 1 reports

Rashid behind record banking merger of RM2.2bil

IN recent times, the most expensive of all valuations for banking mergers would be the 2.25 times price to book (P/BV) valuation paid by Abu Dhabi’s Aabar Investment PJSC for a 25% stake in RHB Capital Bhd for RM5.9bil or RM10.80 per share in 2011.However, ... [Published thestar.com.my - Jul 12 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 1 reports

Hwang Capital waived from PN17 status

A + A - Reset KUALA LUMPUR: Hwang Capital (Malaysia) Bhd (HCM) has been waived from being classified as a Practice Note 17 (PN17) company as the group is deemed “financially healthy”.“The PN17 waiver was granted after due consideration of, amongst others ... [Published Malaysia Edge - Jul 10 2014]
First reported Jul 09 2014 - Updated Jul 09 2014 - 1 reports

AFFIN Holdings Bhd proposed acquisition of Hwang-DBS investment bank bhd

AFFIN Holdings Bhd:Says acquisition of 100 pct of issued and paid-up share capital in HwangDBS investment bank bhd.And acquisition of 1,700,000 ordinary shares of 1 Ringgit each, constituting 17 pct of issued and paid-up share capital in Hwang Investment ... [Published Reuters - Jul 09 2014]
First reported Jul 09 2014 - Updated Jul 09 2014 - 1 reports

#Edge Weekly* AFG key beneficiary of expected OPR hike

A + A - Reset ALLIANCE FINANCIAL GROUP BHD (AFG) is the best positioned among local banking groups to benefit from an expected hike in the key interest rate in the second half.Bank Negara Malaysia is seen raising the overnight policy rate (OPR) by at ... [Published Malaysia Edge - Jul 09 2014]
First reported Jul 09 2014 - Updated Jul 09 2014 - 1 reports

Credit Suisse names new Southeast Asia FIG head

Sharhan Muhseen reunites with Michael TanSharhan Muhseen has joined Credit Suisse to head coverage of financial institutions across Southeast Asia, the Swiss bank said on Tuesday.Muhseen will continue to be based in Singapore and reports to Michael Tan, ... [Published Finance Asia - Jul 09 2014]
First reported Jul 08 2014 - Updated Jul 08 2014 - 1 reports

Public Bank, Hong Leong, RHB seen gaining from potential interest rate hike

A + A - Reset KUALA LUMPUR (July 8): Public Bank Bhd, Hong Leong Financial Group Bhd (HLFG), and RHB Capital Bhd are seen as major beneficiaries of a potential interest rate hike by Bank Negara Malaysia this week.In a note today, AllianceDBS Research ... [Published Malaysia Edge - Jul 08 2014]
First reported Jul 02 2014 - Updated Jul 02 2014 - 1 reports

AFFIN Holdings Bhd announces renounceable rights issue

AFFIN Holdings Bhd:Renounceable rights issue of 448,372,741 new ordinary shares of 1Ringgit.Rights on basis of three (3) rights shares for every ten (10) existing ordinary shares of 1 Ringgit each held as on June 12, 2014 at an issue price of 2.76 Ringgit ... [Published Reuters - Jul 02 2014]
First reported Jun 23 2014 - Updated Jun 23 2014 - 1 reports

TA Global to turn its car parks into hotel, residences

A + A - Reset KUALA LUMPUR: TA Global Bhd, a 63.08%-owned subsidiary of TA Enterprise Bhd, will turn two plots of land in Jalan P Ramlee here known as TA3 and TA4 that are currently used as car parks, into two commercial tower blocks, said its group managing ... [Published Malaysia Edge - Jun 23 2014]
First reported Apr 08 2014 - Updated Apr 09 2014 - 2 reports

Affin eyes additional profit of RM43 million a year with Hwang-DBS purchase

Affin Holdings Bhd (Affin) is targeting an additional profit before tax (PBT) contribution of RM43 million annually from 2018 onwards upon its successful acquisition of four entities of Hwang-DBS. Affin managing director Maimoonah Hussain said between ... [Published The Malaysian Insider :: Business - Apr 08 2014]

Quotes

"We like PBK (Public Bank) for its defensive and consistent earnings delivery. Apart from its bread-and-butter business, there is room for non-interest income to expand, especially from bancassurance and unit trust (Public Mutual) operations."

More Content

All (26) | News (22) | Reports (0) | Blogs (2) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
sort by: Date | Relevance
Ample liquidity drawn to cash calls [Published Malaysia Edge - Jul 21 2014]
BEA takes up rights in Affin [Published Focus Malaysia - Jul 18 2014]
More M&As ahead in the banking sector? [Published thestar.com.my - Jul 12 2014]
Rashid behind record banking merger of RM2.2bil [Published thestar.com.my - Jul 12 2014]
Hwang Capital waived from PN17 status [Published Malaysia Edge - Jul 10 2014]
Hwang-DBS Malaysia Bhd announces disposal of 10... [Published Reuters - Jul 09 2014]
AFFIN Holdings Bhd proposed acquisition of Hwan... [Published Reuters - Jul 09 2014]
#Edge Weekly* AFG key beneficiary of expected O... [Published Malaysia Edge - Jul 09 2014]
Credit Suisse names new Southeast Asia FIG head [Published Finance Asia - Jul 09 2014]
Public Bank, Hong Leong, RHB seen gaining from ... [Published Malaysia Edge - Jul 08 2014]
AFFIN Holdings Bhd announces renounceable right... [Published Reuters - Jul 02 2014]
TA Global to turn its car parks into hotel, res... [Published Malaysia Edge - Jun 23 2014]
Affin eyes additional profit of RM43 million a ... [Published The Malaysian Insider :: Business - Apr 08 2014]
Affin eyes additional profit of RM43 million a ... [Published The Malaysian Insider - Apr 08 2014]
Affin FY2013 pre-tax profit rises to RM854.2 mi... [Published The Malaysian Insider - Feb 26 2014]
Affin FY2013 pre-tax profit rises to RM854.2 mi... [Published The Malaysian Insider :: Business - Feb 26 2014]
Affin in exclusive talks to buy Hwang-DBS&#8217... [Published The Malaysian Insider :: Business - Sep 04 2013]
Affin beats AMMB in bid for Hwang-DBS’ bu... [Published The Malaysian Insider :: Business - Sep 04 2013]
Affin’s share slides on lower earnings result [Published The Malaysian Insider :: Business - May 21 2013]
Affin reports lower Q1 profit [Published The Malaysian Insider :: Business - May 20 2013]
Affin denies takeover by AMMB [Published The Malaysian Insider :: Business - Apr 23 2013]
Affin optimistic about winning bid to acquire H... [Published The Malaysian Insider :: Business - Apr 22 2013]
Hwang-DBS gets BNM nod to start talks with AMMB... [Published The Malaysian Insider :: Business - Apr 15 2013]
Affin ceases talks on Bank Muamalat stake [Published The Malaysian Insider :: Business - Mar 28 2013]
Biography for Lodin Wok Kamaruddin [Published Silobreaker - Oct 25 2010]
Biography for Aman bin Raja Hj Ahmad [Published Able2Act - Mar 27 2007]
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Affin eyes additional profit of RM43 million a ... [Published The Malaysian Insider - Apr 08 2014]
Affin Holdings Bhd (Affin) is targeting an additional profit before tax (PBT) contribution of RM43 million annually from 2018 onwards upon its successful acquisition of four entities of Hwang-DBS.Affin managing director Maimoonah Hussain said between ...
Affin FY2013 pre-tax profit rises to RM854.2 mi... [Published The Malaysian Insider - Feb 26 2014]
Affin Holdings Bhd's pre-tax profit rose  by 3.3% to RM854.2 million for the financial year ended December 31, 2013 as compared to RM826.7 million in the same period last year.The improved performance was mainly due to the increase in interest income ...
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