a day ago
- Business
- New Straits Times
Affin earns spot on Fortune Southeast Asia 500 list again
KUALA LUMPUR: Affin Group has been named one of Southeast Asia's largest companies by Fortune for the second consecutive year, recognised for its revenue, profit, balance sheet strength, and employee base.
Affin Group said in a statement that this achievement strengthens its strategic presence in the region's evolving financial ecosystem.
President and group chief executive officer Datuk Wan Razly Abdullah said the group's continued inclusion in the Fortune Southeast Asia 500 list reflects its growing strength and relevance in a rapidly changing financial landscape.
Wan Razly said it indicates the group is "not only keeping pace but moving ahead with focused ambition and a clear strategic agenda".
"As we commemorate 50 years of Always About You, this milestone reinforces our long-term commitment to value creation.
"Guided by the Affin Axelerate 2028 (AX28) Plan, we are advancing with purpose, strengthening client partnerships, unlocking new growth opportunities, and delivering impact where it matters most," he said.
Further demonstrating its strong growth, Affin Group recently secured its first international credit rating of A3 with a stable outlook from Moody's Investors Service.
The group also successfully debuted in the US dollar bond market, attracting strong global investor demand. The final order book exceeded US$1 billion across 67 investor accounts, representing a 3.5 times oversubscription.
These achievements reflect strong investor confidence and affirm Affin's growing credibility in both regional and international markets.
