We refer to the announcements dated 10 February 2026, 23 February 2026, 3 March 2026, 9 March 2026, 2 April 2026, 6 April 2026, 29 April 2026, 22 May 2026, 1 July 2026, 24 July 2026, 27 July 2026 and 10 August 2026 in relation to the Capital Reduction. Unless otherwise defined, the abbreviations and definitions used in the previous announcements in relation to the Capital Reduction shall apply herein.
On behalf of the Board, Affin Hwang IB wishes to announce that the settlement of the Offer Price has been effected on 20 August 2026 to:
the Entitled Shareholders who maintain eDividend accounts, via electronic remittance to the Entitled Shareholders' eDividend accounts duly registered with Bursa Depository;
the Entitled Shareholders who do not maintain eDividend accounts, via remittance in the form of cheques, banker's drafts and/or cashier's orders despatched by ordinary mail to the Entitled Shareholders (or their designated agents, as they may direct) at the Entitled Shareholders' registered addresses last maintained with Bursa Depository or in the Company's register of members (where applicable); and
- the Entitled RCPS A Holder and Entitled RCPS-i A Holders, via electronic remittance to the bank accounts of the Entitled RCPS A Holder and the Entitled RCPS-i A Holders.
Subsequent to the above, the Capital Reduction has been completed on 20 August 2026.
Further thereto, and on behalf of the Board, Affin Hwang IB wishes to announce that the application for the proposed withdrawal of BHIC from the Official List of the Main Market of Bursa Securities following the completion of the Capital Reduction was also submitted to Bursa Securities on 20 August 2026.
This announcement is dated 20 August 2026.