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 |