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

Sep 07, 2015 Back
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description
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 2015 INTO NEW ORDINARY SHARES OF RM1.00 EACH IN MAYBANK ("11TH DRP")

Reference is made to the announcements dated 27 August 2015 and 1 September 2015 in relation to the 11th DRP.

On behalf of the Board of Directors of Malayan Banking Berhad (“Maybank”), Maybank Investment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 4 September 2015, approved the listing of and quotation for up to 293,446,030 new ordinary shares of RM1.00 each in Maybank to be issued pursuant to the 11th DRP on the Main Market of Bursa Securities (“Listing Application”).

The approval by Bursa Securities for the 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 of Bursa Securities pertaining to the implementation of the 11th DRP;

(ii) Maybank and its adviser to inform Bursa Securities upon the completion of the 11th 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 11th DRP is completed.

This announcement is dated 7 September 2015.





Announcement Info

Company Name MALAYAN BANKING BERHAD
Stock Name MAYBANK
Date Announced 07 Sep 2015
Category General Announcement for PLC
Reference Number GA1-07092015-00018