22 September 2014

Dear valued customers,

It is with great pleasure that we announce that Affin Investment Bank Berhad and HwangDBS Investment Bank Berhad have merged with effect from 22 September 2014, and will commence operations as Affin Hwang Investment Bank Berhad under a new brand name Affin Hwang Capital. This new brand name Affin Hwang Capital is rooted in both former company names and reflects the new entity’s capital markets focus.

Concurrently, the current Stockbroking businesses of both investment banks will now operate as “Affin Hwang Capital – Securities” under the registered company Affin Hwang Investment Bank Berhad.

From the first announcement on 22 January 2014 upon obtaining regulatory approval to the subsequent eight months, both companies worked in collaboration to finalise the merger process including the executive team structure and branding.

The complementary strengths and capabilities of both investment banks have allowed Affin Hwang Capital to emerge as a leading player in the Malaysian banking industry. Affin Hwang Capital has ambitious plans to transform our existing business into a leading independent bank-backed investment banking player in Malaysia. We are also planning to launch new businesses, for instance a wealth management platform, to help us serve our clients better across a wider spectrum of products. Our commitment to this vision remains unchanged, and we have a clear strategy to achieve our goals which are backed by a deeply committed leadership team across the enlarged Affin Hwang Capital business.

Should you have any further enquiries, please be in touch with our Customer Service personnel. Alternatively, you may also reach out to your respective dealer and / or remisier at any time.

We appreciate your continued trust and support in us. Our relationship with you is very important to us and we look forward to taking our partnership to new heights in the future.

Thank you for your past and future business.

The Affin Hwang Capital Management