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 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 APPLICABLE TO THE FINAL DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 ("4TH DRP")

 

We refer to the announcements dated 28 February 2022, 12 May 2022, 23 May 2022 and 25 May 2022 in relation to the 4th DRP.

 

On behalf of the Board of Directors of ABB, Affin Hwang Investment Bank Berhad wishes to announce that ABB will be issuing 88,267,338 new ABB Shares pursuant to the 4th 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 4th DRP, as at 5.00 p.m. on 28 June 2022, being the last time and date to submit the DRF.

 

The DRP Shares to be issued represent approximately 61.18% of the total number of 144,285,512 new ABB Shares that would have been issued pursuant to the 4th DRP had all the entitled shareholders of ABB elected to reinvest all their respective final dividend entitlement 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 8 July 2022.

 

This announcement is dated 1 July 2022.



Announcement Info

Company Name AFFIN BANK BERHAD
Stock Name AFFIN
Date Announced 01 Jul 2022
Category General Announcement for PLC
Reference Number GA1-01072022-00018