Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


May 27, 2015 1:57 AM ET

Capital Markets

Company Overview of Affin Investment Bank Berhad

Company Overview

As of September 22, 2014, Affin Investment Bank Berhad was acquired by Affin Hwang Investment Bank Berhad. Affin Investment Bank Berhad is a boutique investment banking firm that provides financial advisory services. The firm offers mergers and acquisition, initial public offering, management buy out, reorganization, and private placement advisory services. Additionally, it provides asset based lending and mortgage, loan syndication, commercial paper issuance, and debt and equity underwriting services. Affin Investment Bank Berhad was founded in 1970 and is based in Kuala Lumpur, Malaysia.

27th Floor

Menara Boustead

69 Jalan Raja Chulan

Kuala Lumpur,  50200

Malaysia

Founded in 1970

Phone:

60 3 2142 3700

Fax:

60 3 2142 3799

Key Executives for Affin Investment Bank Berhad

Affin Investment Bank Berhad does not have any Key Executives recorded.

Affin Investment Bank Berhad Key Developments

Affin Investment Bank Berhad Provides Earnings Guidance for the Financial Year 2014-2016

Affin Investment Bank Berhad provided earnings guidance for the financial year 2014-2016. The company projects the sector's net earnings growth to be at 1.9%, 6.9% and 8.7%, year-on-year, for the 2014-2016 financial years, respectively. On net interest margin, the bank expected it to decline further by nine basis points to 2.31% in 2014 and gradually stabilise to 2.25% in 2016.

Shareholders Against Privatization Of Ireka

Majority shareholders have disagreed privatization of Ireka Corp. Bhd (KLSE:IREKA). Extraordinary general meeting was held to seek shareholders' nod for the proposed offer by Ireka's major shareholders to take the company private. Affin Investment Bank Berhad acted as the advisor to the transaction said selective capital reduction and repayment exercise (SCR) is not fair but reasonable and has recommended that the non-interested shareholders accept the SCR. Lai Voon Hon, President and Chief Executive Officer of Ireka said, “Based on the results of the EGM, it is reassuring that the shareholders and the public alike believe in the long-term potential of the company. In the short to medium term we will find ways to enhance the capital base of the company and to work hard to bring the company back to profitability.”

Konsortium Logistik Berhad Appoints AFFIN Investment Bank Berhad as Independent Adviser

In accordance with the Malaysian Code on take-overs and mergers 2010 (code), the board of directors of KLB wishes to announced that AFFIN Investment Bank Berhad has been appointed to act as the Independent Adviser to advise the directors and holders of the offer shares and provide its comments, opinions, information and recommendation on the offer in the independent advice circular pursuant to section 15(1) of the code.

Similar Private Companies By Industry

Company Name Region
Weststar Capital Sdn Bhd Asia
Phillip Futures Sdn Bhd Asia
TA International Sdn. Bhd. Asia
UOB Kay Hian Securities (M) Sdn Bhd. Asia
Kenanga Research Asia

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 14, 2014
Affin Fund Management Berhad
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Affin Investment Bank Berhad, please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.