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KUALA LUMPUR: Alliance Financial Group Bhd (AFG), which recently saw changes in its shareholders, is targeting to reorganise its corporate structure that will see its banking unit assuming its listing status in a move that will improve capital efficiency.
THE major shareholding change that recently took place at Alliance Financial Group Bhd (AFG) could pave the way for big changes in the group’s ownership structure. There are a few reasons for this.
Tun Daim Zainuddin is a man in love with the banking business – that’s how the former Finance Minister of Malaysia has been described by some of his close associates.
THE recent changes at the shareholding in Langkah Bahagia Sdn Bhd, the single largest shareholder in Alliance Financial Group Bhd (AFG), marks the end of the Tun Daim Zainuddin era in the local banking scene.
PETALING JAYA: The emergence of three new shareholders in Alliance Financial Group Bhd (AFG) resolves a long-standing shareholding issue at the bank, which counts Temasek Holdings Pte Ltd as the other substantial shareholder.
KUALA LUMPUR: Alliance Financial Group Bhd’s (AFG) share price rose to a high of RM4.36 on Tuesday after three new names emerged in Langkah Bahagia Sdn Bhd and this could possibly lead to further corporate developments.
Breakfast briefing: Tuesday, April 12
PETALING JAYA: Three new names have emerged in Langkah Bahagia Sdn Bhd, which owns a substantial stake, through Vertical Theme Sdn Bhd, in Alliance Financial Group Bhd (AFG), the country’s smallest banking group by assets.
TYCOON Tan Sri Chua Ma Yu was a few minutes late. His miniature schnauzer signalled his arrival. Pepper obviously knew where the master was going because it headed straight for the office.
KUALA LUMPUR: Hollywood actor and producer Robert De Niro is expected to fly in here for the official opening of Nobu restaurant, a brand he co-owns with chef Nobuyuki Matsuhisa and Hollywood producer Meir Teper.