The terms used herein shall have the same meaning as those defined in the announcement dated 28 November 2018, unless otherwise stated.

We refer to the announcements dated 28 November 2018, 30 November 2018 and 7 December 2018 in relation to the 1st DRP.

On behalf of the Board, Affin Hwang IB wishes to announce that the issue price of the new ABB Shares to be issued pursuant to the 1st DRP has been fixed today (“Price-Fixing Date”) at RM2.09 per new ABB Share. The issued price is based on the 5-day volume weighted average market price (“VWAP”) of RM2.37 per ABB Share up to and including 7 December 2018, being the latest trading day prior to the Price-Fixing Date for the issue price of new ABB Shares after adjusting the following:

(i) a dividend adjustment of RM0.05 to the 5-day VWAP (“Ex-Dividend VWAP”); and

(ii) a discount of RM0.23 which is approximately 9.91% discount to the Ex-Dividend VWAP of RM2.32.

On behalf of the Board, Affin Hwang IB also wishes to announce that the books closure date for Interim Dividend and the 1st DRP has been fixed on 24 December 2018.

A copy of the DRP statement and the Notice of Election (including the Dividend Reinvestment Form) will be despatched to all the entitled shareholders of ABB (save for foreign-addressed shareholders of ABB) on 27 December 2018 and the election period for the 1st DRP will close on 10 January 2019.

Barring any unforeseen circumstances, the new ABB Shares arising from the 1st DRP will be listed on the Main Market of Bursa Malaysia Securities Berhad on 23 January 2019.

This announcement is dated 10 December 2018.