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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.
| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED DIVESTMENT OF 7,000,000 ORDINARY SHARES IN AFFIN HWANG ASSET MANAGEMENT BERHAD ("AHAM"), REPRESENTING 63% OF THE EQUITY INTEREST IN AHAM, BY AFFIN HWANG INVESTMENT BANK BERHAD, A WHOLLY-OWNED SUBSIDIARY OF AFFIN BANK BERHAD ("ABB"), TO STARLIGHT ASSET SDN BHD, AN INVESTMENT HOLDING COMPANY INCORPORATED BY FUNDS MANAGED BY CVC CAPITAL PARTNERS ASIA V LIMITED, FOR A PROVISIONAL CASH CONSIDERATION OF RM1,417.5 MILLION AND NOTICE OF EXTRAORDINARY GENERAL MEETING |
Please refer attachment below.
| Company Name | AFFIN BANK BERHAD |
| Stock Name | AFFIN |
| Date Announced | 26 Apr 2022 |
| Category | Document Submission |
| Reference Number | DCS-26042022-00064 |
Attachments
Copyright 2024 Affin Bank Berhad 197501003274 (25046-T).
