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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.
| Type | Announcement |
| Subject | OTHERS |
| Description |
AFFIN BANK BERHAD ("ABB" OR "BANK") PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS RAISED FROM THE DIVESTMENT OF AFFIN HWANG ASSET MANAGEMENT BERHAD ("DIVESTMENT") TO AFFECT THE PAYMENT OF A PROPOSED SPECIAL DIVIDEND ("PROPOSED VARIATION") |
|
Unless otherwise defined, the abbreviations and definitions used throughout this announcement shall have the same meaning as those defined in ABB’s circular to shareholders dated 26 April 2022 in relation to the Divestment. Pursuant to Paragraph 8.22 (1) of the Main Market Listing Requirements of Bursa Securities Malaysia Berhad, on behalf of the Board of Directors of ABB, Affin Hwang Investment Bank Berhad wishes to announce that ABB proposes to undertake the Proposed Variation. Please refer to the attachment for further details on the Proposed Variation.
This announcement is dated 18 October 2022. |
|
| Company Name | AFFIN BANK BERHAD |
| Stock Name | AFFIN |
| Date Announced | 18 Oct 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-18102022-00061 |
Attachments
Copyright 2020 Affin Bank Berhad 197501003274 (25046-T).
