| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES |
| Description | MALAYAN BANKING BERHAD (“MAYBANK”) RECURRENT AND OPTIONAL DIVIDEND REINVESTMENT PLAN THAT ALLOWS THE SHAREHOLDERS OF MAYBANK TO REINVEST THE ELECTABLE PORTION OF THEIR FINAL CASH DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2013 INTO NEW ORDINARY SHARES OF RM1.00 EACH IN MAYBANK (“MAYBANK SHARES”) (“8TH DRP”) |
On behalf of the Board of Directors of Maybank, Maybank Investment Bank Berhad wishes to announce that Bank Negara Malaysia had granted its approval for Maybank to increase its issued and paid-up share capital through the issuance of up to 336.1 million new Maybank Shares pursuant to the 8th DRP. The issuance of the new Maybank Shares in relation to the 8th DRP is subject to the approval of the shareholders of Maybank at Maybank’s annual general meeting to be convened, the date of which will be announced in due course. This announcement is dated 27 February 2014. |
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| Company Name | MALAYAN BANKING BERHAD |
| Stock Name | MAYBANK |
| Date Announced | 27 Feb 2014 |
| Category | General Announcement |
| Reference No | MI-140227-44495 |