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

Apr 15, 2014 Back
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”)

 

Reference is made to the announcements dated 27 February 2014 and 8 April 2014 in relation to the 8th DRP.

On behalf of the Board of Directors of Maybank, Maybank Investment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 14 April 2014, approved the listing of and quotation for up to 336,061,988 new Maybank Shares to be issued pursuant to the 8th DRP on the Main Market of Bursa Securities (“Listing Application”).

The approval by Bursa Securities for the above Listing Application is subject to the following conditions:

(i)  Maybank and its adviser must fully comply with the relevant provisions under the Main Market Listing Requirements issued by Bursa Securities pertaining to the implementation of the 8th DRP;

(ii)  Maybank and its adviser to inform Bursa Securities upon the completion of the 8th 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 8th DRP is completed.

This announcement is dated 15 April 2014. 


 


Announcement Info

Company Name MALAYAN BANKING BERHAD  
Stock Name MAYBANK    
Date Announced 15 Apr 2014  
Category General Announcement
Reference No MI-140415-62335