Investor Relations


The Affin Bank Group is a financial services conglomerate. The Group's activities focus on commercial, Islamic and investment banking services, money broking, asset management and underwriting of life and general insurance business.

New Issue Of Securities (Chapter 6 Of Listing Requirements) : Other Issue Of Securities

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description

AFFIN BANK BERHAD ("ABB") DIVIDEND REINVESTMENT PLAN THAT GIVES THE SHAREHOLDERS OF ABB THE OPTION TO REINVEST THEIR CASH DIVIDENDS DECLARED BY ABB IN NEW ORDINARY SHARES IN ABB ("DRP")

The terms used herein shall have the same meaning as those defined in the announcement dated 28 November 2018, unless otherwise stated.

We refer to the announcements dated 28 November 2018 and 30 November 2018 in relation to the 1st DRP.

On behalf of the Board, Affin Hwang Investment Bank Berhad (“Affin Hwang IB”) wishes to announce that Bursa Securities had, vide its letter dated 7 December 2018, approved the listing of and quotation for up to 49,300,000 new ordinary shares in ABB (“ABB Shares”) on the Main Market of Bursa Securities to be issued pursuant to the 1st DRP.

The approval granted by Bursa Securities for the 1st DRP is subject to the following conditions:

1. ABB and Affin Hwang IB must fully comply with the relevant provisions under the Main Market Listing Requirement (“MMLR”) pertaining to the implementation of the 1st DRP;

2. ABB and Affin Hwang IB to inform Bursa Securities upon completion of the 1st DRP; and

3. ABB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the 1st DRP is completed.

 

This announcement is dated 7 December 2018.




Announcement Info

Company Name AFFIN BANK BERHAD
Stock Name AFFIN
Date Announced 07 Dec 2018
Category General Announcement for PLC
Reference Number GA1-07122018-00149