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" OR "COMPANY")

DIVIDEND REINVESTMENT PLAN APPLICABLE TO THE 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, 7 April 2023, 12 April 2023 and 25 May 2023 (“Announcements”) in relation to the 6th DRP. Unless otherwise defined, the definitions set out in the Announcements shall apply in this announcement.

 

On behalf of the Board, Affin Hwang IB wishes to announce that ABB will be allotting and issuing 72,599,211 new ABB Shares pursuant to the 6th 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 6th DRP, as at 5.00 p.m. on 28 June 2023, being the last time and date to submit the DRF.

 

The DRP Shares to be allotted and issued represent approximately 71.10% of the total number of 102,114,560 new ABB Shares that would have been allotted and issued pursuant to the 6th 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 Securities on 12 July 2023.

 

This announcement is dated 3 July 2023.


Announcement Info

Company Name AFFIN BANK BERHAD
Stock Name AFFIN
Date Announced 03 Jul 2023
Category General Announcement for PLC
Reference Number GA1-03072023-00168