Affin Hwang Capital Continues to Operate as Usual During Movement Control Order

KUALA LUMPUR, 18 January 2020 – Affin Hwang Capital (“the Bank”) announced that its operations will continue throughout the “Movement Control Order” from 18 to 31 March 2020 to fulfill its responsibility as an essential and critical service for the country’s capital market.

As announced by the Prime Minister, YAB Tan Sri Muhyiddin Yassin on 16 March 2020, the nationwide movement control order under the Prevention and Control of Infectious Diseases Act 1988 and the Police Act 1967, all civil & private premises are to be shut down throughout the period, except for essential services which includes the banking sector.

Yip Kit Weng, Deputy Group Managing Director of Affin Hwang Capital said, “We are fully committed in continuing to serve our clients with the utmost quality and professionalism, especially during this time of concern with the recent developments of the COVID-19 outbreak.” He added, “We stand guided by the authorities and regulators, namely Bursa Malaysia Berhad, Securities Commission Malaysia, Bank Negara Malaysia, Ministry of Finance and Ministry of Health, in ensuring that Affin Hwang Capital remains fully operational at this time of need.”

Affin Hwang Capital’s over 20 branches throughout the country will remain operational throughout this period. However, its public viewing galleries at branches are closed as a precautionary measure to safeguard both its clients as well as staff.

As one of earliest Bank in the country to activate their business continuity plan and kept their people safe through alternative work arrangements, the Bank reaffirmed its commitment to place their clients at the forefront of the Bank’s priorities, in line with its promise to “Out think” and “Out perform” for all their clients and stakeholders.