AFFIN BANK BERHAD
KLSE (MYR): AFFIN (5185)
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Last Price
2.49
Today's Change
+0.01 (0.40%)
Day's Change
2.46 - 2.49
Trading Volume
1,367,000
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 3,933 comments
@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.
2 months 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.
2 months ago
BNM is uneasy about not having an independent chairman for transparency reason. Let's hope they can clear this stumbling block soon.
2 months ago
The AGM was chaired by the Chairman of Affin Bank Berhad, YBhg. Dato' Agil Natt, with the Board of Directors and President & Group Chief Executive Officer, YBhg. Datuk Wan Razly Abdullah in attendance.
Chairman thanked all the investors, customers, and other stakeholders for their continued support in enabling the Group to deliver excellent performance consistently. He also thanked the employees for their hard work, professionalism, and commitment. AFFIN Group will remain focused on providing profitable and sustainable growth and will grow to become a Modern and Progressive Bank.
2 months ago
Anybody knows if there was a door gift announced for people who registered or voted?
2 months ago
There are more pressing matters to attend to, like vote, understand the financial position and future direction of the bank than door gifts. Why is it so important? Are you a collector?
2 months ago
Affin is consolidating too long, there's no clear direction going up or going down.
2 months ago
April coming to an end and still Sarawak has not been given approval to increase their stake in Affin.
2 months ago
KUCHING, May 2 — The Sarawak government is still waiting for approval from Bank Negara Malaysia (BNM) to acquire a majority stake in Affin Bank Malaysia, said Premier Tan Sri Abang Johari Openg today.
1 month ago
Abang Jo wants to take control of Affin buying so little and paying so little.
1 month ago
Looking at the last 5 target price estimates, the highest is 2.25 and the lowest is 1.70: I suspect that after the dust settles from Sarawaks transaction there will be blood spilled from an over sell. Many fingers could be burned
1 month ago
Already mid-May still no approval for Sarawak to buy Affin. Seems like hot air from Abang Jo.
1 month ago
There's a 50% chance that the Sarawak proposed acquisition of Affin will be called off. Pity Abang Jo.
1 month ago
I am there at the bottom of the tree with my bucket wide open waiting for the fruits to come falling..
1 month ago
Wake up ....don't get your fund stuck here for too long. Lots of profit$$$$$$$ in many other counters
1 month ago
@EngineeringProfit.. I have looked all over the market but prices have skyrocketed. I am playing the patient waiting game.
1 month ago
May 22 — Sarawak Premier Tan Sri Abang Johari Openg today said that European Union (EU) countries have indicated their interest to set up an EU bank in Sarawak to provide a source of funding for green investments in the state.
🤣🤣🤣
1 month ago
IBs give sell call as affin PER is 14x plus plus....when most banks are at about 10x PER.... or below :-) happy hunting
1 month ago
Affin price will not likely to dip below 2.40 because that's the minimum price LTAT selling to Sarawak.
1 month ago
I have said this before, IBs are all calling for a SELL. The price is too hyped due to Sarawak news. Once it no longer is news but fact, the price in my opinion will dip.
1 month ago
There's a possibility that LTAT sale of Affin via Boustead to Sarawak will be called off due to pricing disagreement.
1 month ago
https://www.theborneopost.com/2024/05/30/dr-sim-affin-maswings-acquisitions-not-under-ma63-negotiations/
https://www.theborneopost.com/2024/05/18/sarawaks-revenue-expected-to-hit-rm16-bln-this-year-says-abg-jo/
Sarawak's revenue is expected to hit RM16 billion this year. Every year expected to grow.
Sarawak can swallow Affin, easily.
My conviction remains. Affin will be gobbled up by Sarawak.
1 month ago
Maybe there will be an announcement tonight : Sarawak buys 20% of Affin from Boustead at RM2.60 per share.
4 weeks ago
Already June still Bank Negara refuses to approve a deal which is already done and dusted in December? Those LTAT personnel who agreed on the pricing to sell have all resigned back in January. The new Minister of Defense is insisting on higher price for such a sizeable block of Affin shares. The originally agreed price was at around RM2.40 (disclosed in the lastest Edge Weekly as RM2.42). I think LTAT is asking for RM2.60, just a bit more but Sarawak so stingy. So Bank Negara just put everything aside.
3 weeks ago
Affin bank, Blackrock of Malaysia.
https://www.klsescreener.com/v2/news/view/1339413/cross-light-capital-affin-bank-announce-launch-of-digital-asset-fund
2 weeks ago
Abang Jo made a phone call to Bank Negara to ask why CNY come, CNY go, Raya come, Raya go, still deal for Sarawak to "take over" Affin no go? Bank Negara told Abang Jo to shut up and until today Abang Jo hasn't mentioned Affin.
2 weeks ago
“If they want to migrate to Sarawak, I say can, so I want to suggest to the Premier (Datuk Patinggi Tan Sri Abang Johari Tun Openg) as well, when we have our own bank later, those wishing to migrate to Sarawak must have minimum deposit of RM2 million in our state-owned bank, or purchase property here for no less than RM1.5 million. …This at least can generate income for our state. They can also get permanent resident status in Sarawak,” Deputy Prime Minister Datuk Seri Fadillah Yusof said on 27 April 2024.
I would like to suggest people use ChatGPT or google and ask “What is the ownership structure of a state-owned bank?”
https://www.theborneopost.com/2024/04/27/minimum-rm2-mln-deposit-or-buy-rm1-5-mln-property-as-prerequisite-for-business-folks-migrating-to-swak-dpm-suggests/
2 weeks ago
Maybe that explains why the regulator is taking so long to assess the (complex) application. A state takeover of a commercial bank, no ?
2 weeks ago
The Chairman's post? Is it an issue? Will it be an issue? Have the parties concerned settled this matter? What if Sarawak INSISTS on its nomination for the post?
2 weeks ago
Abang Jo has been told by Bank Negara to shut up and since then Abang Jo hasn't mentioned Affin.
2 weeks ago
https://theedgemalaysia.com/node/715949
How many zeros is RM1.25 trillion ? How much is 1% of RM1.25 trillion?
1 week ago
The first thing that came to my mind was Bre-X. Google if anyone needs to know about the Canadian company Bre-X.
1 week ago
BEA merely selling some of the shares received from the DRP which was issued at issuing price of RM2.176.
2 days ago
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aklobi
Good question Littleprince
2 months ago