We refer to the announcements dated 18 October 2022 and 19 October 2022 in relation to the 5th DRP ("Announcements").

(Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.)

On behalf of the Board, Affin Hwang Investment Bank Berhad ("Affin Hwang IB") wishes to announce that Bursa Securities, had vide its letter dated 26 October 2022, resolved to approve the listing of and quotation for up to 255,285,502 new ABB Shares to be issued pursuant to the 5th DRP.

The approval granted by Bursa Securities 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 5th DRP;

(ii) ABB and Affin Hwang IB to inform Bursa Securities upon the completion of the 5th DRP;

(iii) Affin Hwang IB to furnish to Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the 5th DRP is completed; and

(iv) Payment of additional listing fees, 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 27 October 2022.