General Announcement for PLC

01/04/2022

OTHERS TRANSFER OF SPONSORSHIP FROM ALLIANCE INVESTMENT BANK BERHAD ("AIBB") TO ALLIANCE ISLAMIC BANK BERHAD ("AIS")

SAMAIDEN GROUP BERHAD

Type Announcement
Subject OTHERS
Description 
TRANSFER OF SPONSORSHIP FROM ALLIANCE INVESTMENT BANK BERHAD ("AIBB") TO ALLIANCE ISLAMIC BANK BERHAD ("AIS")

The Board of Directors of Samaiden Group Berhad ("Samaiden") wishes to inform that the sponsorship of Samaiden had been transferred from AIBB to AIS with effect from 1 April 2022.

 

AIBB had on 2 December 2021 entered into a conditional business sale and purchase agreement with Phillip Futures Sdn Bhd. In connection thereto, AIBB had also on 2 December 2021 entered into a conditional business sale and purchase agreement with AIS for the transfer of AIBB's corporate finance, equity capital markets and debt capital markets business (excluding all non-Shariah compliant mandates) to AIS. Following the completion of the aforementioned transactions, the sponsorship of Samaiden is transferred to AIS, and AIS is the replacement Sponsor of Samaiden with effect from 1 April 2022.

 

This announcement is dated 1 April 2022.



Announcement Info

Company Name SAMAIDEN GROUP BERHAD
Stock Name SAMAIDEN
Date Announced 01 Apr 2022
Category General Announcement for PLC
Reference Number GA1-01042022-00059


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