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News

New Issue Of Securities (Chapter 6 Of Listing Requirements) : Other Issue Of Securities

BackFeb 26, 2021
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 INTERIM DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31

 

We refer to the announcement dated 26 February 2021 by ABB on its quarterly report on consolidated results for the financial year ended 31 December 2020, wherein the Board of Directors of ABB (“Board”) has proposed a single-tier interim dividend in respect of the financial year ended 31 December 2020 of 3.5 sen per ordinary share in ABB (“ABB Share”) (“Interim Dividend”).

 

On behalf of the Board, Affin Hwang Investment Bank Berhad wishes to announce that:

 

(i)          the Board has determined that the 3rd DRP be applied to the Interim Dividend and 100% of the Interim Dividend can be elected to be reinvested in new ABB Shares in accordance with the 3rd DRP; and

 

(ii)         Bank Negara Malaysia has granted its approval on 26 February 2021 for the increase in the issued share capital of ABB of up to 73.0 million new ABB Shares to be issued pursuant to the 3rd DRP.

 

This announcement is dated 26 February 2021.


 


Announcement Info

Company Name AFFIN BANK BERHAD
Stock Name AFFIN
Date Announced 26 Feb 2021
Category General Announcement for PLC
Reference Number GA1-26022021-00088