Alliance Bank 2 for 17 Rights Issue to raise RM602 million Alliance Bank has fixed its rights price at MYR3.33/rights share with an entitlement basis of 2 rights shares for every 17 existing shares. Key Dates:Ex-Rights: 13 Jun 2025Rights to Commence trading: 17 Jun 2025Prospectus Despatch and Provisional Allotment Letter of Offer : 18 Jun 2025Acceptance, Renunciation and Payment Dateline: 2 Jul 2025Rights cessation quotation: 24 Jun 2025 The rights are expected to be credited on 16 June. Trading of the rights is expected to commence on 17 June to 24 June. Announcement of the final subscription result is scheduled for 8 July and the rights are expected to be listed on 15 July 2025. Financial ImpactNo of Shares Currently: 1,548,106 sharesRights Shares: 182,130No of Shares on Completion: 1,730,236 Currently Market Cap @ RM4.33: RM6,703 millionCurrently Market Cap less 9.9 sen dividend: RM6,550 million (Note: Upcoming Interim DPS of 9.9sen/share ex-date on 12/6/25) Amount to be raised RM602...

Alliance Bank Rights Issue to raise up to RM600 million Alliance Bank is seeking to raise as much as RM600 million in fresh capital via a rights issue of new shares to fund its general banking, financing and investing activities. Alliance Bank’s share price closed at RM5.09 on 21/3/25, gaining around 50% over the past 12 months and giving it a market capitalisation of RM7.87 billion. The rights issue is expected to be completed by the third quarter of 2025 and is subject to regulatory and shareholder approvals. Source: TheEdge