We refer to the announcements dated 26 February 2021 and 2 March 2021 in relation to the 3rd DRP.  

On behalf of the Board of Directors of ABB, Affin Hwang Investment Bank Berhad (“Affin Hwang IB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 5 March 2021, resolved to approve the listing of and quotation for up to 73,000,000 new ordinary shares in ABB on the Main Market of Bursa Securities to be issued pursuant to the 3rd DRP.

The approval granted by Bursa Securities for the 3rd DRP is subject to the following conditions:

(i) ABB and Affin Hwang IB must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the 3rd DRP;

(ii) ABB and Affin Hwang IB to inform Bursa Securities upon completion of the 3rd DRP; and

(iii) Affin Hwang IB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the 3rd DRP is completed.

This announcement is dated 8 March 2021.