PETALING JAYA: Affin Holdings Bhd has announced the consolidation of its asset management business following the acquisition of Hwang-DBS Investment Bhd for RM1.36bil.
It said yesterday that its 100% equity interest in Affin Fund Management Bhd would be sold to Hwang Investment Management Bhd (Hwang IM) for RM55mil in an internal restructuring exercise.
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