News

News

Dividend Reinvestment Plan Applicable To the Interim Dividend In Respect Of The Financial Year Ended 31 December 2019 ("2nd DRP")

BackSep 02, 2020
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description

AFFIN BANK BERHAD ("ABB")

DIVIDEND REINVESTMENT PLAN APPLICABLE TO THE INTERIM DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 ("2ND DRP")

The terms used herein shall have the same meaning as those defined in the announcement dated 27 April 2020, unless otherwise stated.

We refer to the announcements dated 27 February 2020, 27 April 2020, 6 May 2020, 10 July 2020, 17 July 2020 and 28 July 2020 in relation to the 2nd DRP.

On behalf of the Board, Affin Hwang Investment Bank Berhad wishes to announce that ABB will be issuing 93,770,974 new ABB Shares pursuant to the 2nd DRP (“DRP Shares”), based on the valid dividend reinvestment forms (“DRF”) received by Tricor Investor & Issuing House Services Sdn Bhd, the share registrar of ABB for the 2nd DRP, as at 5.00 p.m. on 28 August 2020, being the last time and date to submit the DRF.

The DRP Shares represent approximately 91.74% of the total number of 102,212,626 new ABB Shares that would have been issued pursuant to the 2nd DRP had all the entitled shareholders of ABB elected to reinvest all their respective entitlement under the 2nd DRP into new ABB Shares.

Barring any unforeseen circumstances, the DRP Shares are expected to be listed on the Main Market of Bursa Malaysia Securities Berhad on 10 September 2020.

 

This announcement is dated 2 September 2020.





Announcement Info

Company Name AFFIN BANK BERHAD
Stock Name AFFIN
Date Announced 02 Sep 2020
Category General Announcement for PLC
Reference Number GA1-02092020-00054