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Affin Bank weighs IPO of asset management unit

Published Thu, Dec 3, 2020 · 09:50 PM
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Kuala Lumpur

AFFIN Bank is considering an initial public offering of its asset management unit that could raise about RM500 million (S$164 million), people familiar with the matter said.

The Malaysian lender is working with advisers on the potential listing for Affin Hwang Asset Management in Kuala Lum…

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KEYWORDS IN THIS ARTICLE

Banks
asset management
Malaysia

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