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.

Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

AFFIN HOLDINGS BERHAD ("AFFIN" OR THE "COMPANY") - PROPOSED ACQUISITION OF ADDITIONAL EQUITY INTEREST IN AXA AFFIN GENERAL INSURANCE BERHAD ("AXA AFFIN GI") ("PROPOSED ACQUISITION")

We refer to the earlier announcements dated 4 August 2017, 18 September 2017, 27 November 2017 and 20 December 2017 in relation to the above.

 

On behalf of the Board of Directors of AFFIN, AFFIN Hwang Investment Bank Berhad wishes to announce that AFFIN Bank Berhad (a wholly-owned subsidiary of AFFIN) had on 21 December 2017 entered into a share purchase agreement with Felda Marketing Services Sdn Bhd for the Proposed Acquisition.

 

Further details of the Proposed Acquisition are set out in the attachment.

 

This announcement is dated 21 December 2017.

 



 

 


Announcement Info

Company Name AFFIN HOLDINGS BERHAD
Stock Name AFFIN
Date Announced 21 Dec 2017
Category General Announcement for PLC
Reference Number GA1-21122017-00060

Attachments

  1. SPA_announcement_final.pdf (Size: 263,729 bytes)