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Business Times (Malaysia)

02-13-2004

AFFIN Holdings Bhd's purchase of an additional 45 per cent stake in
Affin-UOB Holdings Sdn Bhd is expected to be completed by next month.
Affin-UOB owns stockbroking firm Affin-UOB Securities Sdn Bhd.
Affin-UOB Securities managing director, Saiful Bahri Zainuddin, said
they are waiting for approval from the Treasury and Securities Commission
(SC). Saiful Bahri said Bank Negara Malaysia had approved the acquisition.

"Once we get the approval, Affin-UOB Securities will be called Affin
Securities

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