Malayan Banking Berhad ("Maybank")Proposed Renounceable Rights Issue On The Basis of Nine (9) Ordinary Shares of RM1.00 each in Maybank ("Rights Shares") For Every Twenty (20) Existing Ordinary Shares Of RM1.00 Each Held In Maybank ("Proposed Rights Issue")

Mar 19, 2009 Back
Type Announcement
Subject MALAYAN BANKING BERHAD (“MAYBANK”)

PROPOSED RENOUNCEABLE RIGHTS ISSUE ON THE BASIS OF NINE (9) ORDINARY SHARES OF RM1.00 EACH IN MAYBANK (“RIGHTS SHARES”) FOR EVERY TWENTY (20) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN MAYBANK (“PROPOSED RIGHTS ISSUE”)
Contents Reference is made to the announcements dated 27 February 2009, 5 March 2009 and 6 March 2009 in relation to the Proposed Rights Issue.

On behalf of the Board of Directors of Maybank, Maybank Investment Bank Berhad (formerly known as Aseambankers Malaysia Berhad) is pleased to announce that Bank Negara Malaysia had, vide its letter dated 18 March 2009, approved the increase in the issued and paid-up capital of Maybank by up to 2,211,708,217 new ordinary shares in Maybank pursuant to the Proposed Rights Issue.

This announcement is dated 19 March 2009.

 


Announcement Info

Company Name MALAYAN BANKING BERHAD  
Stock Name MAYBANK    
Date Announced 19 Mar 2009  
Category General Announcement
Reference No MI-090319-32888