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") |
(Unless otherwise stated, definitions used in this announcement shall carry the same meanings as defined in the announcement dated 20 April 2016). We refer to the earlier announcements in relation to the 12th DRP, the latest of which is dated 17 May 2016. 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 12th DRP, Maybank will be issuing 235,139,196 new Maybank Shares pursuant to the 12th DRP. The new Maybank Shares to be issued represent approximately 83.71% of the total number of 280,882,880 new Maybank Shares that would have been issued pursuant to the 12th DRP had all the entitled shareholders of Maybank elected to reinvest the electable portion of their Final Cash Dividend into new Maybank Shares. This announcement is dated 1 June 2016. |
Company Name | MALAYAN BANKING BERHAD |
Stock Name | MAYBANK |
Date Announced | 01 Jun 2016 |
Category | General Announcement for PLC |
Reference Number | GA1-31052016-00139 |