No go for Affin's acquisition of EON Cap

If you agree something is wrong.

How can an elephant eat by small snake, a python maybe.

Written by Joseph Chin
Monday, 07 June 2010 19:55


KUALA LUMPUR: AFFIN HOLDINGS BHD []'s plan to acquire EON CAPITAL BHD [] had been rejected, clearing the path for HONG LEONG BANK BHD [] to undertake its acquisition.

Affin Holdings said on Monday, June 7 that "Bank Negara Malaysia is unable to consider our application to seek the approval of BNM to commence negotiation with EON Cap and its major shareholders".