Affin Bank AGM 2019


Affin Bank is one of the smaller banking stocks in Malaysia, probably slightly bigger than Alliance Bank. Net profit is only 500mil, way smaller than the other banks that are making over 1 billion in profits.




This year's door gift is RM50 Royal Chulan Hotel Damansara Voucher. This door gift is exactly the same as Boustead Plantation, Boustead Industries stock because the majority owner is LTAT (Lembaga Tabung Angkatan Tentera), the arm forces fund.

The stock has taken some beating recently and I pick up some at RM2.20. It's now slightly below that figure but looking at the yearly price chart the support seem to be at that level.