AFFIN BANK BERHAD
KLSE (MYR): AFFIN (5185)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
2.50
Today's Change
0.00 (0.00%)
Day's Change
2.46 - 2.50
Trading Volume
1,199,400
Details of Changes
Securities After Change
Transactions
| Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) | ||||
Discussions
2 people like this. Showing 50 of 3,889 comments
#ling you are right and Swak and LTAT as announced by Abang Jo has already written to BNM for approval. Hence the delay.
1 month ago
For sale U don't need approval of BNM unless U sell to a party who will end up with more than 5%
1 month ago
Last Tuesday, Khaled told the Dewan Rakyat that he personally did not have any issues with the restructuring plan of LTAT. However, the minister made it clear that specific proposals involving the restructuring of the business model and management of shareholdings, including the sale of assets and disposal of shares in several strategic companies, needed careful consideration.
“We are seeking a win-win situation, where the LTAT strategic plan will not adversely affect the companies, and the shareholdings of LTAT in its subsidiaries can be maintained at a level that allows it to retain control,” Khaled was quoted by the media as saying.
1 month ago
Sold BIMB at 2.61 this morning for 15% gain, bought back a bit of Affin at 2.50.
1 month ago
Affin NTA now 4.73, I assumed no creative accounting in its books. I think it can stand on its own at 0.7x book value, ie 3.31. The pending Sarawak deal may actually be hindering its "true market price" Interested parties may be putting the hand brakes on the price's upward movement.
1 month ago
Apparently EPF has ceased selling. There has been buying support at around 2.50 to absorb the selling.
1 month ago
2.50 well absorbed all sellers. Next is to stay at 2.55 and break 2.60 to confirm a steady uptrend to a 3.20 takeover.
1 month ago
Ok let's have a look what's going on in here 0. 0.
Oops still the same hype, maybe come back later..
1 month ago
Abang jo is smart! Buy cheap to save money for sarawak cos he know LTAT is desperate for cash
1 month ago
Once the dust has settled, price will appreciate. Similar to REXIT share sale and appointment of new board members
1 month ago
I thought Sarawak purchase of Affin from LTAT was a done and dusted deal. Why BNM still not approve?
1 month ago
Obviously BNM dragging its feet because the offered price is too low. I'm sure many of you have noticed by now, Affin's head honchos are buying their own company's share. It's not uncommon I know but acquiring now? What does this indicate? Interesting nobody is talking about it.
3 weeks ago
The head honchos got the shares at cheap, cheap price of RM1.86, who doesn't want?
3 weeks ago
https://www.klsescreener.com/v2/news/view/1301723
Hope they can sign off deal sooner.
3 weeks ago
Affin active today with lots.of buyers. will the deal with Swak be announced soon..anyone can share.
3 weeks ago
Door gifts at AGM seems to be the prerequisite for attendance. I think the meeting takeaways are what we're after.
3 weeks ago
Mohamed Khalid confirmed that Boustead Holdings Bhd, which has been taken private by LTAT in June 2023, will sell its stake in Affin Bank Bhd to the Sarawak state government, although he did not clarify the quantum of the stake that will be divested.
He said the deal is currently pending Bank Negara Malaysia’s (BNM) approval.
“We will proceed with that (stake sale). We are just waiting for the approval from BNM. Not LTAT, but LTAT's subsidiary Boustead. LTAT will still remain in Affin Bank,” he said, confirming that LTAT will retain its stake in Affin Bank.
2 weeks ago
There's a possibility that Sarawak will be paying something like RM3 per share for the deal to go through.
2 weeks ago
During Hari Raya on 10th April Abang Jo said that approval from BNM within 2 weeks.
1 week ago
Sarawak will be paying approximately RM1.4 billion to increase their stake in Affin. What is unknown at the moment is this RM1.4 billion is for how many percentage in Affin. If it's for the whole 20% held by Boustead then the price tag is around RM3 per share.
1 week ago
Good luck TheContrarian. I am still waiting for lower prices, hopefully after the hype ends. Adopting a "Cash is King" strategy.
3 days ago
Personally I think 2.40 will be the floor price in the near future because that's the minimum price LTAT will sell to Sarawak.
3 days ago
On 10th April during a Raya function Abang Jo said Bank Negara approval within 2 weeks. The 2 weeks is coming to an end soon. Something that was apparently done and dusted back in December is taking a longer time than expected.
2 days ago
March 26, 2024 at 08:34 am EDT
Share
AFFIN Bank Berhad proposed single-tier final dividend of 5.76 sen per ordinary share in respect of the financial year ended December 31, 2023.AFFIN Bank Berhad Proposes Single-Tier Final Dividend for the Year Ended December 31, 2023
1 day ago
Sorry but can anyone enlighten me on why Sarawak don't organically apply for a license and build a commercial bank of their own?
13 hours ago
@Littleprince, it takes time to build. And if the pricing is right, why not purchase a ready commercial bank? It saves time, and you can also calculate your budget. Just like why you buy a ready made house by developer instead of building your own house.
9 hours ago
Quoting report:
Financial weekly "The Edge" quoted people familiar with the matter as reporting that at this stage, the Sarawak state government is seeking approval from Bank Negara to increase its existing shareholding, which is 4.8%, to about 30% in one fell swoop.
It is understood that Sarawak intends to nominate Tan Sri Abdul Aziz Hussan, chairman of its economic development agency, to serve as chairman of Affin Holdings.
Sources said that it is still unclear whether this will be achieved, but Bank Negara Malaysia prefers that Affin Holdings have an independent chairman.
9 hours ago
BNM is uneasy about not having an independent chairman for transparency reason. Let's hope they can clear this stumbling block soon.
9 hours ago
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
One App To Trade Malaysia & US Stock With 0* Commission
MQ Trading Signals
Time
Signal
Duration
Type
2024-04-23 16:50:00
TURTLE SYSTEM 20
10 Mins
BUY
2024-04-23 16:50:00
TURTLE SYSTEM 55
5 Mins
BUY
2024-04-23 16:40:00
EMA 5
10 Mins
BUY
2024-04-23 16:40:00
EMA 5
5 Mins
BUY
2024-04-23 16:40:00
TURTLE SYSTEM 20
5 Mins
BUY
Apps
Top Articles
1
IPOWatcher
2
Koon Yew Yin's Blog
3
4
5
6
THE INVESTMENT APPROACH OF CALVIN TAN
7
Koon Yew Yin's Blog
Eversendai Corporation made a remarkable comeback in FY2023 - Koon Yew Yin
8
The Alpha Trader
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ling
ANZ in a statement said it has sell 16.5% of the issued capital in AmBank via a block trade
1 month ago