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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”) Member’s Voluntary Winding Up of AFFIN-ADB Sdn. Bhd. |
| Contents | AFFIN Holdings Berhad (“AHB”) wishes to announce that AFFIN-ADB Sdn. Bhd. (“AFFIN-ADB”), a dormant and wholly-owned subsidiary of AHB, had on 30 April 2010 commenced Member’s Voluntary Winding-up pursuant to Section 254(1)(b) of the Companies Act, 1965. Pursuant thereto, Mr. Tan Leh Kiah of AD-Consult Sdn. Bhd., Suite 13.03, 13th Floor, Menara Tan & Tan, 207 Jalan Tun Razak, 50400 Kuala Lumpur, has been appointed as Liquidator. Brief information of AFFIN-ADB Sdn. Bhd. AFFIN-ADB was incorporated on 31 December 1983; its authorised share capital consists of RM100,000,000-00 divided into 100,000,000 ordinary shares of RM1-00 each and its paid up share capital is RM70,000,000-00 consisting of 70,000,000 ordinary shares of RM1-00 each. Rationale for the Winding-up The Member’s Voluntary Winding-up of AFFIN-ADB is to rationalise and streamline the AHB Group Structure. Effects of the Winding-up The winding-up of AFFIN-ADB will not have any financial effect on the AHB Group. This announcement is dated 30 April 2010. |
| Company Name | AFFIN HOLDINGS BERHAD |
| Stock Name | AFFIN |
| Date Announced | 30 Apr 2010 |
| Category | General Announcement |
| Reference No | CC-100426-43270 |
Copyright 2020 Affin Bank Berhad 197501003274 (25046-T).
