KUALA LUMPUR, KUALA LUMPUR, MALAYSIA, March 11, 2023 /EINPresswire.com/ — AsiaFIN Holdings Corp. (OTC PINK:ASFH), is pleased to announce the completion of the previously announced acquisition on December 23, 2022 of StarFIN Holdings Limited (StarFIN) and its wholly owned subsidiaries namely StarFIN Asia Sdn Bhd (SFA), Insite MY Systems Sdn Bhd (IMS), Insite MY Innovations Sdn Bhd (IMI), OrangeFIN Asia Sdn Bhd (OrangeFIN) and OrangeFIN Academy Sdn Bhd (“OrangeFIN Academy”). The issuance and transfer of 8,232,038 ASFH new common stocks to the shareholders of StarFIN was completed on the 23rd February 2023. With the completion of this acquisition, AsiaFIN shall have around 100 staff in Malaysia servicing the customers and partners in the Asia region. StarFIN recorded revenues of US$3,161,892 and US$2,854,319 for financial year ending 2021 and 2022 respectively. Net Profit after tax was recorded as US$430,738 and US$320,040 for financial year ending 2021 and 2022 respectively. Robin Hoo, CEO of StarFIN said, “Together with AsiaFIN, we look forward to achieving more innovation and growth in our services and areas of expertise, thus ultimately creating more value for our customers, partners, and stakeholders.” AsiaFIN CEO, KC Wong said, “We will continue to grow in the Asia market as the Financial Ecosystem Enabler with new initiative like SaaS Regtech, XBRL compliance, ESG reporting, AI based RPA and Check21 compliant cheque truncation clearing system. Growth in these areas can be achieved, both organically or via acquisition, with like-minded partners and customers.”.