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

Oct 23, 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 INTERIM CASH DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDING 31 DECEMBER 2014 INTO NEW ORDINARY SHARES OF RM1.00 EACH IN MAYBANK (“MAYBANK SHARES”) (“9TH DRP”)

We refer to the earlier announcements in relation to the 9th DRP, the latest of which is dated 9 October 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 9th DRP, Maybank will be issuing 165,329,047 new Maybank Shares pursuant to the 9th DRP. The new Maybank Shares to be issued represent approximately 84.02% of the total number of 196,761,736 new Maybank Shares that would have been issued pursuant to the 9th DRP had all the entitled shareholders of Maybank elected to reinvest the electable portion of their interim cash dividend in respect of the financial year ending 31 December 2014 into new Maybank Shares.

This announcement is dated 23 October 2014.

 


Announcement Info

Company Name MALAYAN BANKING BERHAD  
Stock Name MAYBANK    
Date Announced 23 Oct 2014  
Category General Announcement
Reference No MI-141023-41015