The Board of Directors of ABB wishes to announce that ABB and its wholly-owned subsidiary, Affin Hwang Investment Bank Berhad (“AHIBB”) had on 28 June 2024 successfully established a CP Programme and a CP/MTN Programme respectively.

ABB and AHIBB had on 29 May 2024 lodged with Securities Commission Malaysia (“SC”) all required information and relevant documents relating to the CP Programme and CP/MTN Programme respectively pursuant to the SC’s Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework.

The Programmes will give ABB and AHIBB an additional option to raise funds in the local bond market from time to time, to fund general banking working capital requirements and business purposes of both entities.

The CP Programme has been assigned a short-term rating of P1 whilst the CP/MTN Programme has been assigned a short-term rating of PI and a long-term rating of AA3, both by RAM Rating Services Berhad.

AHIBB is the Principal Adviser, Lead Arranger, Lead Manager and Facility Agent for the Programmes respectively.

This announcement is dated 1 July 2024.