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 and underwriting of life and general insurance business.

AFFIN Holdings Berhad ("AHB") Member' Voluntary Winding Up Of Merchant Nominees (Asing) Sdn. Bhd.

Type Announcement
Subject AFFIN Holdings Berhad (“AHB”)
Member’s Voluntary Winding Up of Merchant Nominees (Asing) Sdn. Bhd.
Contents AFFIN Holdings Berhad (“AHB”) wishes to announce that Merchant Nominees (Asing) Sdn. Bhd. (“MNASB”), a dormant and wholly-owned subsidiary of AFFIN Investment Bank Berhad, which in turn is a wholly-owned subsidiary of AHB, had on 30 July 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 Merchant Nominees (Asing) Sdn. Bhd.

MNASB was incorporated on 26 December 1974; its authorised share capital consists of RM100,000-00 divided into 100,000 ordinary shares of RM1-00 each and its paid up share capital is RM2-00 consisting of 2 ordinary shares of RM1-00 each fully paid up.

Rationale for the Winding-up

The Member’s Voluntary Winding-up of MNASB is to rationalise and streamline the AHB Group Structure.

Effects of the Winding-up

The winding-up of MNASB will not have any financial effect on the AHB Group.

This announcement is dated 2 August 2010.

 


Announcement Info

Company Name AFFIN HOLDINGS BERHAD  
Stock Name AFFIN    
Date Announced 2 Aug 2010  
Category General Announcement
Reference No CCS-100729-13A84