Interim Dividend (with Dividend Re-Investment Plan)

AFFIN BANK BERHAD

Entitlement subject Interim Dividend (with Dividend Re-Investment Plan)
Entitlement description
Single-tier interim dividend in respect of the financial year ended 31 December 2019 of RM0.07 per ordinary share of AFFIN Bank Berhad ("ABB")
Ex-Date 11 Aug 2020
Entitlement date 12 Aug 2020
Entitlement time 5:00 PM
Financial Year End 31 Dec 2019
Share transfer book & register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
Payment Date 09 Sep 2020
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 12 Aug 2020
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units)
(If applicable)
Entitlement indicator Currency
Entitlement in Currency Malaysian Ringgit (MYR)  0.0700
Options Available to Shareholders Cash or Securities

Cash

Cash^ Entitlement

1
Tax Indicator Tax Exempt / Non-taxable
Currency Malaysian Ringgit (MYR)
Amount 0.0700

or Securities

Re-invest Cash Entitlement into Securities
Entitlement Malaysian Ringgit (MYR)  0.0700
Company Name
AFFIN BANK BERHAD
Issue Price per Unit Malaysian Ringgit (MYR) 1.3600
Deadline To Respond 28 Aug 2020 05:00 PM
Securities Crediting Date 09 Sep 2020
Available/Listing Date 10 Sep 2020
Fractional Entitlement Round Down / Fraction Disregard
Note: You will receive Cash^ if you do not Re-invest.

Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD
Unit 32-01, Level 32, Tower A,
Vertical Business Suite, Avenue 3, Bangsar South,

No. 8, Jalan Kerinchi

59200 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0327839299
Fax:0327839222


Remarks :
On 27 February 2020, the Board of Directors of ABB ("Board") announced its quarterly report on consolidated results for the financial year ended 31 December 2019 ("FYE 2019"), wherein the Board had proposed a final single-tier dividend in respect of the FYE 2019 of RM0.07 per ordinary share in ABB ("ABB Share") ("Proposed Final Dividend"). 
On 27 April 2020, the Board had resolved to reclassify the Proposed Final Dividend to an interim dividend for the FYE 2019 ("Interim Dividend"). The Board had also determined that the dividend reinvestment plan will apply to the Interim Dividend ("2nd DRP"), in which the entire Interim Dividend can be elected to be reinvested into new ABB Shares.
On 27 July 2020, the shareholders of ABB had, at ABB's 44th Annual General Meeting, approved ABB to allot and issue such number of new ABB Shares pursuant to the 2nd DRP.
Following the above, on 28 July 2020, Affin Hwang Investment Bank Berhad had, on behalf of the Board, announced that the issue price of the new ABB Shares to be issued pursuant to the 2nd DRP has been fixed at RM1.36 per new ABB Share.

This announcement is dated 28 July 2020.


Announcement Info

Company Name AFFIN BANK BERHAD
Stock Name AFFIN
Date Announced 28 Jul 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-28072020-00002
Corporate Action ID MY200728DRIP0001