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

Aug 25, 2016 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 2016 INTO NEW ORDINARY SHARES OF RM1.00 EACH IN MAYBANK ("13TH DRP")

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 289.5 million new ordinary shares of RM1.00 each in Maybank pursuant to the 13th DRP.

 

This announcement is dated 25 August 2016.

 


Announcement Info

Company Name MALAYAN BANKING BERHAD
Stock Name MAYBANK
Date Announced 25 Aug 2016
Category General Announcement for PLC
Reference Number GA1-25082016-00054