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.

Multiple Proposals

Type Announcement
Subject MULTIPLE PROPOSALS
Description

AFFIN HOLDINGS BERHAD ("AHB" OR "THE COMPANY")

PROPOSED REORGANISATION OF THE AHB GROUP OF COMPANIES

Reference is made to the announcements dated 16 February 2017, 20 February 2017, 14 July 2017, 21 July 2017, 28 August 2017 and 21 September 2017 in relation to the above (“Announcements”). Unless otherwise defined, all the abbreviations and definitions used in this announcement shall have the same meaning as the words and expressions used in the Announcements.

On behalf of the Board of Directors of AHB, AFFIN Hwang Investment Bank Berhad (“AHIB”) wishes to announce that the Company had on 2 October 2017 entered into a share sale agreement (“SSA”) with AFFIN Bank Berhad (“ABB”) in relation to the Reorganisation.

AHB and ABB had also on even date, submitted an application to Bursa Malaysia Securities Berhad (“Bursa Securities”) to seek the approval of Bursa Securities for the Proposed Transfer of Listing Status.  

Kindly refer to the attachments for the details of the above.

This announcement is dated 2 October 2017.



 

 

 


Announcement Info

Company Name AFFIN HOLDINGS BERHAD
Stock Name AFFIN
Date Announced 02 Oct 2017
Category General Announcement for PLC
Reference Number GA1-02102017-00067

Attachments

  1. Appendix_I_-_Group_Structure.pdf (Size: 314,115 bytes)
  2. Announcement_021017.pdf (Size: 241,475 bytes)