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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.
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | AFFIN HOLDINGS BERHAD (“AFFIN”) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF NEW ORDINARY SHARES OF RM1.00 EACH IN AFFIN TO RAISE GROSS PROCEEDS OF UP TO RM1,250 MILLION (“PROPOSED RIGHTS ISSUE”) |
Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those previously defined in the announcement dated 22 January 2014. We refer to our announcement dated 22 January 2014 on the Proposed Acquisition and Proposed Merger. In conjunction with the Proposed Acquisition and Proposed Merger, on behalf of the Board of AFFIN, AFFIN Investment Bank Berhad wishes to announce that AFFIN proposes to undertake the Proposed Rights Issue. Please refer to the attachment for further details on the Proposed Rights Issue. This announcement is dated 10 March 2014. |
|
| Company Name | AFFIN HOLDINGS BERHAD |
| Stock Name | AFFIN |
| Date Announced | 10 Mar 2014 |
| Category | General Announcement |
| Reference No | MI-140310-BDBC2 |
Attachments
Copyright 2020 Affin Bank Berhad 197501003274 (25046-T).
