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, asset management and underwriting of life and general insurance business.

Affin Holdings Berhad ("Affin" Or The "Company") Article On Affin And Eon Capital Berhad Which Appeared In Various Newspapers On 20 April 2010

Type Announcement
Subject Affin Holdings Berhad (“AFFIN” or the “Company”)
Article on AFFIN and EON Capital Berhad which appeared in various newspapers on 20 April 2010
Contents We refer to the various articles that appeared in newspapers on 20 April 2010 in relation to AFFIN and EON Capital Berhad (“EONCap”) and our earlier announcement dated 16 April 2010 with the title “Article entitled “AFFIN submits rival bid for EONCap” in The Edge Financial Daily dated 16 April 2010”.

The Board of Directors of AFFIN (“Board”) wishes to state that AFFIN continuously looks at opportunities to enhance its shareholders’ value. This includes, among others, opportunities to grow the AFFIN group of companies either organically or via mergers and acquisitions. The Board is always prepared to consider any potential acquisition as and when such opportunities may arise and will evaluate the viability and benefits of such opportunities accordingly.

The Board also wishes to clarify that it has not held any discussion with any shareholder of EONCap on the proposed acquisition on an interest in EONCap nor has the Board deliberated on or approved the aforementioned acquisition. The Board also wishes to reiterate that AFFIN has not submitted any proposal to Bank Negara Malaysia in relation to the acquisition of an interest in EONCap.

In any event, the Board believes in ensuring full compliance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad in relation to the making of timely announcements pertaining to any material proposal involving AFFIN.

This announcement is dated 20 April 2010.

 


Announcement Info

Company Name AFFIN HOLDINGS BERHAD  
Stock Name AFFIN    
Date Announced 20 Apr 2010  
Category General Announcement
Reference No CC-100420-59610