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") |
We refer to the earlier announcements in relation to the 8th DRP, the latest of which is dated 14 May 2014. On behalf of the Board of Directors of Maybank, Maybank Investment Bank Berhad is pleased to announce that based on the valid dividend reinvestment forms received by Tricor Investor Services Sdn Bhd, the registrar for the 8th DRP, Maybank will be issuing 229,810,271 new Maybank Shares pursuant to the 8th DRP. The new Maybank Shares to be issued represent approximately 85.89% of the total number of 267,565,500 new Maybank Shares that would have been issued pursuant to the 8th DRP had all the entitled shareholders of Maybank elected to reinvest the electable portions of their final cash dividend in respect of the financial year ended 31 December 2013 into new Maybank Shares. This announcement is dated 27 May 2014. |
Company Name | MALAYAN BANKING BERHAD |
Stock Name | MAYBANK |
Date Announced | 27 May 2014 |
Category | General Announcement |
Reference No | MI-140527-62436 |