WebNov 26, 2024 · Affin Banking Group ("Affin Group") has agreed to transfer its controlling stake in Affin Hwang Asset Management Berhad ("Affin Hwang AM") to CVC Capital … WebAffin Bank said, together with selected key management shareholders of Affin Hwang AM, it was disposing a total of 68.35 per cent stake in the latter for RM1.54 billion. The transaction values Affin Hwang AM at RM2.25 billion. More News
Belle Tan on LinkedIn: CVC Capital Partners signals strong …
WebJan 29, 2024 · KUALA LUMPUR: Affin Hwang Investment Bank Bhd (Affin Hwang IB) and select key senior management in the company have entered into a conditional deal to divest 7.59 million shares, or 68.35% stake, in Affin Hwang Asset Management Bhd (Affin Hwang AM) to CVC Capital Partners. WebJan 27, 2024 · Affin Hwang Investment Bank, a unit of Affin Bank Bhd, has a 63% stake in Affin Hwang Asset Management while Nikko Asset Management International Ltd owns a 27% stake and managing director Teng Chee Wai owns a 3.1% interest. The remaining 6.9% is held by 13 shareholders with stakes of between 0.3% and 1.15%. cgt investment company
CVC Capital takes 68% stake in Affin Hwang The Asset
WebJan 28, 2024 · CVC Capital to acquire Affin Hwang Asset Management UK private equity firm to pay 1.54 billion ringgit for a 68.35% stake The Asset 28 Jan 2024 UK-based … WebCVC Capital Partners Signals Strong Confidence In Malaysia Through Landmark Investment In Leading Asset Management Company KUALA LUMPUR – Affin Banking Group (“Affin Group”) has agreed to transfer its controlling stake in Affin Hwang Asset Management Berhad (“Affin Hwang AM”) to CVC Capital Partners Asia Fund V. WebCVC's Asia private equity strategy is focused on control, co-control and structured minority investments in high quality businesses in core consumer and services sectors across Asia. Typical enterprise values are between $250 million and $1.5 billion. High-quality businesses in key growth sectors cgt in the philippines