KUALA LUMPUR: Affin Hwang Asset Management Bhd (Affin Hwang AM) has advised investors to focus on “selective and judicious” stock picking in the small-cap space as the market is likely to enter into a period of consolidation. “As we move into the .
Malakoff Corp Bhd shares may have rebounded from their lows in recent weeks, but meaningful gains for the counter will likely be capped over the medium term by the company's lacklustre growth prospects. As it is, Malakoff has pre-empted the fact.
Group earnings forecasts for multi-jurisidiction casino operator Genting Malaysia Bhd are being reduced for the years 2018 and 2019 by Affin Hwang Investment Bank Bhd , on news that a theme park at the flagship Resorts World Genting property will not.
“The merger between the investment banking businesses of Affin and HwangDBS (M) Bhd that took place in 2014 and last year has mostly been a painful period of streamlining for both businesses,” said group managing director Datuk Maimoonah Hussain in .
This, in turn, is filtering down to suppliers in Malaysia,” says a fund manager with Affin Hwang Asset Management Bhd . Many believe the rally is sustainable, premised on improved earnings for these companies in the coming quarters. “I'm still bullish.
chief investment officer at Kuala Lumpur-based Hwang Investment Management Bhd. The benchmark FTSE Bursa Malaysia KLCI Index rose 7.8 percent at one point to a lifetime high of 1,826.22, with stocks linked to the coalition and its favored tycoons gaining.
Malaysia's AWC Gets MYR32.60 Mln Plumbing Works Subcontract From MCC Overseas (M) Malaysia's AWC Bhd, which mainly builds and sells automated waste management systems ... factory output and fixed investment data all came in below market expectations.
“One of our flagship funds, Affin Hwang Select Opportunity Fund (SOF), was awarded the 'Malaysia Equity (Ringgit), One-Year Return'' by Institutional Investor 2016 Asia Investment Management Award in January and the 'Best Malaysia Large-Cap Equity .
PETALING JAYA: Affin Holdings Bhd and Hwang-DBS (M) Bhd have entered into an exclusive agreement for the proposed acquisition of Hwang-DBS’ investment banking, futures and asset-management businesses by Affin – edging out competitor AMMB Holdings Bhd.
The eight providers are Affin Hwang Asset Management Berhad , AIA Pension and Asset Management Sdn Bhd, AmFunds Management Berhad, CIMB-Principal Asset Management Berhad, Kenanga Investors Berhad, Manulife Asset Management Services .