NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING ALLIANCE BANK MALAYSIA BERHAD ("ABMB" OR "COMPANY") RENOUNCEABLE RIGHTS ISSUE OF 182,117,072 NEW ORDINARY SHARES IN ABMB ("ABMB SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM3.33 PER RIGHTS SHARE ON THE BASIS OF TWO RIGHTS SHARES FOR EVERY 17 EXISTING ABMB SHARES HELD BY THE ORDINARY SHAREHOLDERS OF ABMB AS AT 5.00 P.M. ON 16 JUNE 2025 ("RIGHTS ISSUE")
| ALLIANCE BANK MALAYSIA BERHAD |
| Type | Announcement | ||||||||||||||||||
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
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| Description | ALLIANCE BANK MALAYSIA BERHAD ("ABMB" OR "COMPANY")
RENOUNCEABLE RIGHTS ISSUE OF 182,117,072 NEW ORDINARY SHARES IN ABMB ("ABMB SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM3.33 PER RIGHTS SHARE ON THE BASIS OF TWO RIGHTS SHARES FOR EVERY 17 EXISTING ABMB SHARES HELD BY THE ORDINARY SHAREHOLDERS OF ABMB AS AT 5.00 P.M. ON 16 JUNE 2025 ("RIGHTS ISSUE") |
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Unless otherwise stated, the abbreviations and definitions used in this announcement shall have the same meanings as those previously defined in the Company's announcements dated 21 March 2025, 16 April 2025, 22 April 2025, 30 April 2025, 30 May 2025 and 13 June 2025 in relation to the Rights Issue ("Announcements"), the circular to shareholders of the Company dated 15 May 2025 in relation to the Rights Issue ("Circular") and the Abridged Prospectus to the entitled shareholders of the Company dated 16 June 2025 in relation to the Rights Issue ("Abridged Prospectus").
We refer to the Announcements, Circular and Abridged Prospectus.
On behalf of the Board, RHB Investment Bank wishes to announce that as at the close of acceptances, excess applications and payments for the Rights Issue at 5.00 p.m. on 2 July 2025 ("Closing Date"), ABMB had received valid acceptances and Excess Rights Shares Applications for a total of 282,472,705 Rights Shares. This represents an over subscription of approximately 55.10% over the total number of Rights Shares available for subscription under the Rights Issue.
The details of valid acceptances and Excess Rights Shares Applications received as at the Closing Date are as follows:
The Excess Rights Shares will be allocated in accordance with the basis as stated in the Abridged Prospectus.
The Rights Shares are expected to be listed on the Main Market of Bursa Securities on 15 July 2025.
This announcement is dated 8 July 2025. |
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Announcement Info
| Company Name | ALLIANCE BANK MALAYSIA BERHAD |
| Stock Name | ABMB |
| Date Announced | 08 Jul 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-03072025-00013 |