English Language Web & Media Checks Test

Time Limit : 30 minutes

Please fill up the following concerning the Subject Company with information
obtained from Web & Media checks.
Subject Company: Affin Investment Bank Berhad

Company Number: 9999V

Year of Foundation: 1970
Former Names: AFFIN Merchant Bank Berhad
Headquarters Address:
Phone: +603-2142 3700
Fax:+603-2142 3799
Website: http://affinhwang.com/
Business Activities: Financial advisory services, mergers and acquisition, initial public
offering, management buy-out, reorganization, private placement advisory service,
asset based lending and mortgage, loan syndication, commercial paper issuance,
and debt and equity underwriting services.
Affiliations of the Subject Company (List down the relationship):
1. Affin Hwang Asset Management Berhad-Subsidiaries
2. AFFIN Fund Management Berhad-Subsidiaries
3. Asian Islamic Investment Management Sdn Bhd-Subsidiaries
4. Affin Hwang Futures Sdn Bhd-Subsidiaries
5. Affin Hwang Nominees (Asing) Sdn Bhd-Subsidiaries
6. Affin Hwang Nominees (Tempatan) Sdn Bhd-Subsidiaries
7. Affin Hwang Asset Management ("AHAM") Group-Subsidiaries
Members of the Board of Directors and political roles of the individuals:
1. Gen. Tan Sri Yaacob bin Mohd Zain (R)
-Non-executive director, Chairman of the Board and Board Credit Review
Committee as well as a member of Board Risk Management Committee and
Nominating & Remuneration Committee.
2. Raja Tan Sri Dato Seri Aman bin Raja Haji Ahmad
-Independent non-executive director, Chairman of the Nominating &
Remuneration Committee, a member of the Board Credit Review Committee,
Audit & Examination Committee, a member of the Board Risk Management
Committee.
3. Encik Ariffin bin Alias
- Independent non-executive director, Chairman of the Board Risk Management
Committee, member of the Board Credit Review Committee, Audit & Examination
Committee and Nominating & Remuneration Committee.
4. Tan Sri Dato Seri Lodin bin Wok Kamaruddin
-Non-executive director, Chairman of the Investment Committee, and member of
the Nominating & Remuneration Committee.
5. Mr Stephen Charles Li Kwok Sze
- Non - Executive Director
6. Encik Abd Malik bin A Rahman

- Independent Non - Executive Director, a member of the Nominating &

Remuneration Committee, Audit & Examination Committee and Board Risk
Management Committee.
7. Mr David Lim Hun Soon
-Independent Non - Executive Director
Any derogatory information found on the web. Please present the derogatory information
found in the table below.
Date
Link
Overview

Summary

15/9/2015
http://www.sc.com.my/wpcontent/uploads/eng/html/resources/reporter/reporter_2012_02.pdf
Affin Investment Bank Bhd (Affin IB) was reprimanded by the SC
on 21 March 2012 for its failure to conduct proper due diligence as
a principal adviser in relation to a conflict-of-interest situation,
resulting in a material omission in a corporate proposal. In this
regard, Affin IB was found by the SC to have breached section
214(1) of the CMSA which imposes an obligation on persons
submitting information to the SC, not to submit any statements or
information which contains a material omission. In addition, Affin IB
failed to immediately inform the SC of any material change or
development in circumstances that would affect the consideration
of the SC, and to submit a proposal to resolve, eliminate
or mitigate such conflict-of-interest situation.
Affin Invesment Bank has breached one of the rules imposed by
Securities Commission of Malaysia. The investment bank did not
update the authority about the changes of information regarding its
client. To protect the interest of its client, the management choose
not to comply with the standard operating procedure set by the
commission.