Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES |
Description |
MALAYAN BANKING BERHAD ("MAYBANK" OR "COMPANY") PROPOSED ESTABLISHMENT OF AN EMPLOYEES SHARE GRANT PLAN OF UP TO SEVEN POINT FIVE PERCENT (7.5%) OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES) AT ANY POINT IN TIME ("PROPOSED ESGP") |
(Reference is made to Maybank’s announcements dated 26 January 2017 and 24 February 2017 in relation to the Proposed ESGP (“Announcements”). Unless otherwise stated, all abbreviations used herein shall have the same meanings as those used in the Announcements.) On behalf of the Board, Maybank IB wishes to announce that Bursa Securities has, vide its letter dated 13 March 2017, approved the listing and quotation for such number of new Maybank Shares, representing up to 7.5% of the total number of issued shares of Maybank (excluding treasury shares) at any point in time, to be issued pursuant to the Proposed ESGP on the Main Market of Bursa Securities subject to, among others, the following conditions:
This announcement is dated 14 March 2017. |
Company Name | MALAYAN BANKING BERHAD |
Stock Name | MAYBANK |
Date Announced | 14 Mar 2017 |
Category | General Announcement for PLC |
Reference Number | GA1-14032017-00082 |