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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 | AFFIN HOLDINGS BERHAD ("AHB" OR "COMPANY") PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM1.00 EACH IN AHB REPRESENTING UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY ("PRIVATE PLACEMENT") |
On behalf of the Board of Directors of AHB, AFFIN Investment Bank Berhad (formerly known as AFFIN Merchant Bank Berhad) is pleased to announce that the Securities Commission ("SC") had, vide its letter dated 26 March 2007 (which was received on 27 March 2007), approved the fifth and final extension of time for an additional three (3) months to 24 May 2007 to complete the Private Placement, as proposed ("Proposed Extension").
The approval from the SC for the Proposed Extension is subject to compliance with all the conditions stated in the SC's approval letter dated 30 May 2006.
This announcement is dated 27 March 2007.
| Company Name | AFFIN HOLDINGS BERHAD |
| Stock Name | AFFIN |
| Date Announced | 27 Mar 2007 |
| Category | General Announcement |
| Reference No | MM-070327-67385 |
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