KUALA LUMPUR (Bloomberg) -- Affin Bank Bhd is considering an initial public offering of its asset management unit that could raise about RM500mil, people familiar with the matter said.
The bank is working with advisers on the potential listing for Affin Hwang Asset Management Bhd in Kuala Lumpur as soon as the second half of next year, the people said, asking not to be identified as the matter is private.
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