Investor Relations


The Affin Bank Group is a financial services conglomerate. The Group's activities focus on commercial, Islamic and investment banking services, money broking and underwriting of life and general insurance business.

Transactions (Chapter 10 Of Listing Requirements) : Recurrent Related Party Transactions

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description

AFFIN BANK BERHAD ("ABB" OR THE "COMPANY")

PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED SHAREHOLDERS' MANDATE")

The Board of Directors of ABB wishes to announce that the Company proposes to seek shareholders’ approval for the Proposed Shareholders’ Mandate which are necessary for the day-to-day operations of ABB and/or its subsidiary companies in line with Paragraph 10.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad at its forthcoming Annual General Meeting to be held on 25 May 2022.

 

Further details of the Proposed Shareholders’ Mandate are set out in the Circular to Shareholders dated 26 April 2022 which will be made available on the website of Bursa Malaysia Securities Berhad and the Company.

 

 

This announcement is dated 25 April 2022.

 


Announcement Info

Company Name AFFIN BANK BERHAD
Stock Name AFFIN
Date Announced 25 Apr 2022
Category General Announcement for PLC
Reference Number GA1-25042022-00016