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Business 10 Aug 2004 | 12:00 AM

Affin expected to improve further

BANKING group Affin Holdings Bhd has long been seen as the least attractive stock in the financial services sector. Its share price valuation of 0.8 times its book value - the lowest in the industry - reflects this view. The worst, however, is believed to be behind the group.

Business 23 Jul 2004 | 12:00 AM

MEPS extends ATM network ops to 20 hours

MALAYSIAN Electronic Payment System (1997) Sdn Bhd (MEPS) has increased its shared ATM network operating hours to 20 - from 4am to midnight, MEPS managing director Datuk Mohd Hatta Robani said.

Business 11 Jun 2004 | 12:00 AM

Raja Aman appointed chairman of Rhythm unit

Rhythm Consolidated Bhd has appointed Raja Datuk Seri Aman Ahmad chairman of its wholly-owned unit Rhythm Technologies Sdn Bhd.

Business 09 Jun 2004 | 12:00 AM

News in brief

Business 31 May 2004 | 12:00 AM


The Store, Pos Malaysia, Choo Bee, IJM Corp and Affin Holdings: By KATHY FONG.

Business 18 May 2004 | 12:00 AM

Affin Holdings first quarter pre-tax profit soars 88%

AFFIN Holdings Bhd has reported an 88% surge in pre-tax profit to RM89.5mil for the first quarter ended March 31 from RM47.4mil in the same period last year, thanks largely to lower loan-loss provisions by its banking unit.

Business 01 May 2004 | 12:00 AM

Affin Bank to trim overheads, says CEO

AFFIN Bank Bhd, which has a cost structure higher than the industry's, will strive to trim overheads in order to compete with bigger players under the new interest rate framework, said chief executive officer Datuk Abdul Hamidy Hafiz.

Business 01 May 2004 | 12:00 AM

Reviving Affin Bank

Affin Bank needs fixing to remain independent. President and CEO Abdul Hamidy Hafiz do it?p>a href= target=on_top>For the full BizWeek reports click here/a>p>

Business 31 Mar 2004 | 12:00 AM

News in brief

Business 30 Mar 2004 | 12:00 AM

AffinBank sees loans growing by two digits

AFFIN Bank Bhd (AffinBank) is targeting double-digit growth in new business loans this year from less than 5% last year, said president and chief executive officer Datuk Abdul Hamidy Abdul Hafiz.