Final single-tier cash dividend in respect of the financial year ended 31 December 2016 of RM0.32 per ordinary share of Maybank.

Kindly be advised of the following : 

1)  The above Company's securities will be traded and quoted "Ex - Dividend” as from: 4 May 2017
2)  The last date of lodgment : 8 May 2017
3)  Date Payable : 6 Jun 2017

Remarks: On 23 February 2017, the Board of Directors of Malayan Banking Berhad ("Maybank") ("Board") announced its consolidated results for the financial period ended 31 December 2016, wherein the Board proposed a final single-tier cash dividend in respect of the financial year ended 31 December 2016 of RM0.32 per ordinary share of Maybank* ("Maybank Share") ("Final Cash Dividend"). The Board had also determined that the dividend reinvestment plan will apply to the Final Cash Dividend, in which an electable portion of RM0.22 per Maybank Share held can be elected to be reinvested into new Maybank Shares and the remaining portion of RM0.10 per Maybank Share held will be paid in cash. The Final Cash Dividend was approved by shareholders of Maybank at the annual general meeting of Maybank held on 6 April 2017. Following the above, on behalf of the Board, Maybank Investment Bank Berhad wishes to announce that the issue price of new Maybank Shares to be issued pursuant to the dividend reinvestment plan applicable to the Final Cash Dividend has been fixed today at RM8.25 per new Maybank Share. This announcement is dated 20 April 2017. Note: *Arising from the migration to the no par value regime under the Companies Act, 2016, par value is no longer relevant. 

Announcement Info