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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”) ARTICLE IN THE EDGE MALAYSIA |
| Contents | We refer to the article in the Edge Malaysia for the week of November 16 to November 22, 2009 titled "Guoco exploring ringgit funding" which mentioned of a possible merger between AFFIN Bank Berhad and Hong Leong Bank Berhad. The board of AHB wishes to clarify that it is not involved in any discussions involving a merger of AFFIN Bank Berhad and Hong Leong Bank Berhad and the board is unaware of the source and / or basis of the said article. The board of AHB continuously looks at measures to further enhance the performance and value of AHB Group for the benefit of its shareholders. However, at this juncture, the board of AHB is not involved in any negotiations on any potential acquisition or merger relating to the banking operations of the AHB Group. In line with the disclosure requirements under the Main Market Listing Requirements of Bursa Malaysia, AHB will make the necessary announcements in the event there are any material developments involving AHB Group. This announcement is dated 16 November 2009. |
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| Company Name | AFFIN HOLDINGS BERHAD |
| Stock Name | AFFIN |
| Date Announced | 16 Nov 2009 |
| Category | General Announcement |
| Reference No | CC-091116-62670 |
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