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.

Clarification On The Media Article Entitled "LTAT To Sell 5% In Affin Bank To Sarawak State" Which Appeared In The Edge Malaysia (The Week Of April 3 - April 9, 2023)

Type Announcement
Subject OTHERS
Description

AFFIN BANK BERHAD (ABB OR COMPANY)

Clarification on the media article entitled "LTAT to sell 5% in Affin Bank to Sarawak state" which appeared in The Edge Malaysia (the week of April 3 - April 9, 2023)

In response to the article published in The Edge Newspaper (the week of April 3 – April 9, 2023), regarding Lembaga Tabung Angkatan Tentera (LTAT)'s holdings in Affin Bank Berhad (ABB) shares, ABB would like to clarify that the Company has contacted LTAT to inquire about their position. The Company has been made to understand that the parties have been in discussions on the matter. Any transaction that may result from the discussions will be done in accordance with the relevant rules and regulations.

 

LTAT is obligated to inform ABB of any changes to their shareholding in compliance with requirements or significant divestment of major shareholders and any party that acquires 5% or more interest in ABB shares must also notify ABB. The Company will promptly release a new announcement once further information becomes available.

 

This announcement is dated 3 April 2023.

 


Announcement Info

Company Name AFFIN BANK BERHAD
Stock Name AFFIN
Date Announced 03 Apr 2023
Category General Announcement for PLC
Reference Number GA1-03042023-00128