Affin Bank declares bumper interim dividend


President and group chief executive officer Datuk Wan Razly Abdullah

PETALING JAYA: Affin Bank Bhd had declared an interim dividend of RM100.22mil and also proposed a special dividend that amounts to RM400.21mil.

“With the successful completion of our Affin Hwang Asset Management Bhd deal, we would like to reward our valuable shareholders with a special dividend of 18.09 sen per share and an interim dividend of 4.53 sen per share,” Affin Bank’s president and group CEO Datuk Wan Razly Abdullah said.

The bank said in its circular that the special dividend proposal follows its divestment in Affin Hwang Asset Management Bhd by its unit Affin Hwang Investment Bank Bhd to Starlight Asset Sdn Bhd which was announced earlier in the year.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Jati Tinggi unit secures RM33mil DC job
Manufacturing output drives September IPI up 6.3%
Favelle Favco wins RM84mil crane orders
Advancecon bags RM41.5mil Johor contract
Nvidia scandal's Malaysian link
Zetrix AI confirms RM25mil sukuk default, pledges quick settlement
Newsweek recognises Sunway Medical Centre Penang among world's best hospitals, clinics for medical tourism 2027
Anthropic IPO to raise as much as US$64.4bil, latest draft prospectus shows
Matrade eyes new export markets in Africa, Latin America, central Asia
PMW International inks second supplemental contract with TNB valued at RM64.37mil

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read