Apex Equity to exit fund management business


In a filing with Bursa Malaysia, AEHB said AISB, which is engaged in the business of unit trust funds and portfolio management, will be sold to Clement Chew Kuan Hock, Asgari Mohd Fuad Stephens and Raevendren Ramachandran.

PETALING JAYA: Apex Equity Holdings Bhd’s (AEHB) wholly-owned subsidiary, JF Apex Securities Bhd, is disposing of its 43% equity interest in Apex Investment Services Bhd (AISB) for RM5.18mil.

In a filing with Bursa Malaysia, AEHB said AISB, which is engaged in the business of unit trust funds and portfolio management, will be sold to Clement Chew Kuan Hock, Asgari Mohd Fuad Stephens and Raevendren Ramachandran.

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