We refer to the announcements dated 28 February 2022 and 12 May 2022 in relation to the 4th DRP.  

On behalf of the Board of Directors of ABB, Affin Hwang Investment Bank Berhad (“Affin Hwang IB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 17 May 2022, resolved to approve the listing of and quotation for up to 265,507,802 new ordinary shares in ABB on the Main Market of Bursa Securities to be issued pursuant to the 4th DRP.

The approval granted by Bursa Securities for the 4th DRP is subject to the following conditions:

(i) ABB and Affin Hwang IB must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the 4th DRP;

(ii) ABB and Affin Hwang IB to inform Bursa Securities upon the completion of the 4th DRP;

(iii) Affin Hwang IB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the 4th DRP is completed; and

(iv) Payment of additional listing fee, if any, based on the final issue price together with a copy of the details of the computation of the amount of listing fees payable.

This announcement is dated 23 May 2022.