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Affin Holdings gets BNM nod
Published on: Tuesday, September 19, 2017
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Kuala Lumpur: Affin Holdings Bhd has received approval from Bank Negara Malaysia (BNM) to acquire 7.07 per cent equity interest in AXA Affin General Insurance Bhd (AXA Affin GI) from Felda Marketing Services Sdn Bhd.In a filing to Bursa Malaysia Monday, Affin Holdings said, the application to acquire equity interest was made by it and Affin Bank Bhd.

"The proposed acquisition will result in an increase in the equity interest in AXA Affin GI held by Affin Bank from 37.07 per cent to 44.14 per cent," Affin Holdings said. – Bernama




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