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.

Circular To Shareholders In Relation To The proposed Variation To The Utilisation Of Proceeds Raised From The Divestment Of Affin Hwang Asset Management Berhad, By Affin Hwang Investment Bank Berhad To Starlight Asset Sdn Bhd ("Divestment"), To Affect The Payment Of A Proposed Single-Tier Special Dividend Of RM0.1809 Per Ordinary Share Of ABB, Amounting To Approximately RM400.2 Million ("Proposed Variation") And Notice Of Extraordinary General Meeting

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS RAISED FROM THE DIVESTMENT OF AFFIN HWANG ASSET MANAGEMENT BERHAD, BY AFFIN HWANG INVESTMENT BANK BERHAD TO STARLIGHT ASSET SDN BHD ("DIVESTMENT"), TO AFFECT THE PAYMENT OF A PROPOSED SINGLE-TIER SPECIAL DIVIDEND OF RM0.1809 PER ORDINARY SHARE OF ABB, AMOUNTING TO APPROXIMATELY RM400.2 MILLION ("PROPOSED VARIATION") AND NOTICE OF EXTRAORDINARY GENERAL MEETING

Announcement Info

Company Name AFFIN BANK BERHAD
Stock Name AFFIN
Date Announced 31 Oct 2022
Category Document Submission
Reference Number DCS-30102022-00001

Attachments

  1. ABB_Circular_-_Proposed_Variation_31.10.2022.pdf (Size: 904,271 bytes)