Affin Bank's branch in Seri Petaling, Kuala Lumpur. Affin Bank Bhd is 100% owned by Affin Holdings Bhd. (Photo taken by Hafidz Mahpar for Star Online)
KUALA LUMPUR: Affin Holdings Bhd
has submitted an application to Bank Negara Malaysia (BNM) to seek its approval and/ or recommendations to the Finance Ministry on its proposed reorganisation, distribution and subscription.
“Affin Bank Bhd has also submitted an application to the Securities Commision to seek approval for the change in controller of Affin Hwang Investment Bank Bhd, Affin Hwang Asset Management Bhd and AIIMAN Asset Management Sdn Bhd (formerly known as Asian Islamic Investment Management Sdn Bhd), pursuant to the proposed reorganisation,” it said in a filing with Bursa Malaysia on Monday. - Bernama
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