| 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 FINAL CASH DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2015 INTO NEW ORDINARY SHARES OF RM1.00 EACH IN MAYBANK ("12TH DRP")
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On behalf of the Board of Directors of Malayan Banking Berhad (“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 412.0 million new ordinary shares of RM1.00 each in Maybank pursuant to the 12th DRP.
The issuance of the new Maybank Shares in relation to the 12th 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 25 February 2016. |
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| Company Name | MALAYAN BANKING BERHAD |
| Stock Name | MAYBANK |
| Date Announced | 25 Feb 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-25022016-00041 |