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 PROPOSED FINAL DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 ("6TH DRP")

We refer to the Company’s announcements dated 27 February 2023 (“Announcement”) and 7 April 2023 in relation to the 6th DRP. Unless otherwise defined, the definitions set out in the Announcement shall apply in this announcement.  

 

On behalf of the Board, Affin Hwang Investment Bank Berhad (“Affin Hwang IB”) wishes to announce that Bursa Securities, had vide its letter dated 11 April 2023, resolved to approve the listing of and quotation for up to 166,680,363 new ABB Shares on the Main Market of Bursa Securities to be issued pursuant to the 6th DRP.

 

The approval granted by Bursa Securities for the 6th 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 6th DRP;

 

(ii) ABB and Affin Hwang IB to inform Bursa Securities upon the completion of the 6th 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 6th 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 12 April 2023.

 


Announcement Info

Company Name AFFIN BANK BERHAD
Stock Name AFFIN
Date Announced 12 Apr 2023
Category General Announcement for PLC
Reference Number GA1-12042023-00063