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Saturday, September 5, 2009

Bank On This Mighty Mouse >>> 5185 AFFIN HOLDINGS BERHAD

Affin Holdings Berhad is a Malaysia-based investment holding company. The Company operates in five business segments. The Commercial Banking and Hire Purchase segment focuses on business of banking in all aspects which, includes Islamic banking operations. Its activities are generally structured into two key areas, Consumer Banking and Enterprise Banking Services.The Investment Banking segment includes business of a merchant bank, discount house, fund and unit trusts management. The Stock-broking segment comprises institutional and retail broking business for securities listed on the Bursa Malaysia Securities Berhad, investment management and research services. The insurance segment includes the business of underwriting all classes of general and life insurance businesses in Malaysia.
The Other business segments in the Company include operation of investment holding companies, money-broking, insurance-broking and other related financial services.
AFFIN Bank is the strongest amongst the smaller banks of Malaysia. Bank on this mighty mouse. Recommendation >>> Strong BUY TP RM2.50

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