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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.
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES |
| Description | AFFIN BANK BERHAD ("ABB" OR "COMPANY") PROPOSED SHARE REWARD TO THE SHAREHOLDERS IN THE FORM OF BONUS ISSUE OF UP TO 133,360,363 NEW ORDINARY SHARES IN ABB ("ABB SHARE(S)" OR "SHARE(S)") ON THE BASIS OF 1 NEW ABB SHARE ("BONUS SHARE(S)") FOR EVERY EXISTING 18 ABB SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE") |
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On behalf of the Board of Directors of ABB, Affin Hwang Investment Bank Berhad wishes to announce that the Company proposes to undertake the Proposed Bonus Issue.
Further information on the Proposed Bonus Issue is set out in the attachment.
This announcement is dated 25 February 2025.
Please refer attachment below. |
| Company Name | AFFIN BANK BERHAD |
| Stock Name | AFFIN |
| Date Announced | 25 Feb 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-25022025-00094 |
Attachments
Copyright 2025 Affin Bank Berhad 197501003274 (25046-T).
