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Hwang-DBS Malaysia Bhd Signs Sale Pact With Affin Holdings Bhd-DJ

Tuesday, 3 Sep 2013 01:14pm EDT 

Dow Jones reported that Hwang-DBS Malaysia Bhd is selling some businesses to Affin Holdings Bhd. Hwang-DBS will sell all its stake in HwangDBS Investment Bank Bhd. and HDM Futures Sdn Bhd., a 53% equity interest in Hwang Investment Management Bhd. and 49% in Asian Islamic Investment Management Sdn. Bhd. to Affin Holdings Bhd, the statement said. No financial details were disclosed. 

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