| Type | Announcement |
| Subject | OTHERS |
| Description | MALAYAN BANKING BERHAD ("MAYBANK") RECURRENT AND OPTIONAL DIVIDEND REINVESTMENT PLAN THAT ALLOWS SHAREHOLDERS OF MAYBANK TO REINVEST THE ELECTABLE PORTION OF THEIR FINAL CASH DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 30 JUNE 2011 OF 32 SEN PER ORDINARY SHARE OF RM1.00 EACH IN MAYBANK ("MAYBANK SHARE") LESS 25% TAXATION INTO NEW MAYBANK SHARE(S) ("DIVIDEND REINVESTMENT PLAN") |
On behalf of the Board of Directors of Maybank, Maybank Investment Bank Berhad wishes to announce that Bank Negara Malaysia, vide its letter dated 3 November 2011, granted the approval to Maybank to increase its issued and paid-up share capital of up to 477,332,302 new Maybank Shares. Nevertheless, this approval is limited to the increase of issued and paid-up share capital arising from the Dividend Reinvestment Plan only. This announcement is dated 4 November 2011. |
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| Company Name | MALAYAN BANKING BERHAD |
| Stock Name | MAYBANK |
| Date Announced | 4 Nov 2011 |
| Category | General Announcement |
| Reference No | MI-111104-51963 |