Alliance Bank which surrendered its investment banking licence of its wholly-owned subsidiary, AIBB Berhad (formerly known as Alliance Investment Bank Berhad), the group has now announced that AIBB Berhad had commenced members’ voluntary winding up on 1 April 2024.
The group said Datuk Ooi Woon Chee and Mr. Tam Kok Meng of Ooi Tam & Associates have been appointed as Joint & Several Liquidators for the members’ voluntary winding up of AIBB Berhad.
It added the members’ voluntary winding up of AIBB Berhad will not have any material financial and operational impact to the ABMB Group for the financial year ending 31 March 2025.
