New Issue of Securities (Chapter 6 of Listing Requirements) : Other Issue Of Securities

Mar 02, 2022 Back
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description DIVIDEND REINVESTMENT PLAN APPLICABLE TO THE SECOND INTERIM DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 ("22ND DRP")

 

(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the announcements dated 24 February 2022 and 28 February 2022 in relation to the 22nd DRP (“Announcements”))


Reference is made to the Announcements.

 

On behalf of the Board of Directors of Maybank, Maybank Investment Bank Berhad (“Maybank IB”) wishes to announce that Bursa Securities had, vide its letter dated 2 March 2022, approved the listing and quotation of up to 131,205,963 new ordinary shares in Maybank to be issued pursuant to the 22nd DRP on the Main Market of Bursa Securities (“Listing Application”).

 

The approval of Bursa Securities for the Listing Application is subject to, among others, the following conditions:

 

(i) Maybank and Maybank IB must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities pertaining to the implementation of the 22nd DRP;

 

(ii) Maybank and Maybank IB to inform Bursa Securities upon the completion of the 22nd DRP; and

 

(iii) Maybank to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the 22nd DRP is completed.

 

This announcement is dated 2 March 2022.

 


Announcement Info

Company Name MALAYAN BANKING BERHAD
Stock Name MAYBANK
Date Announced 02 Mar 2022
Category General Announcement for PLC
Reference Number GA1-02032022-00027