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)

We refer to our earlier announcement dated 3 April 2023.

 

Based on confirmation received from Lembaga Tabung Angkatan Tentera (“LTAT”), ABB wishes to inform that LTAT had on 13 April 2023 divested 112,558,000 ordinary shares in ABB, representing 4.95% of the total issued shares in ABB for a cash consideration of RM1.97 per share totaling approximately RM221.74 million, to State Financial Secretary Sarawak via a direct business transaction.

 

This announcement is dated 13 April 2023.

 


Announcement Info

Company Name AFFIN BANK BERHAD
Stock Name AFFIN
Date Announced 13 Apr 2023
Category General Announcement for PLC
Reference Number GA1-13042023-00097