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

Oct 02, 2017 Back
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")

(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those used in the Company’s announcements dated 26 January 2017, 24 February 2017, 14 March 2017 and 6 April 2017 in relation to the Proposed ESGP)

On behalf of the Board, Maybank IB wishes to announce that Bursa Securities has vide its letter dated 29 September 2017 approved the Company’s application for an extension of time from 13 September 2017 to 12 March 2018 for the implementation of the Proposed ESGP.

 

This announcement is dated 2 October 2017.





Announcement Info

Company Name MALAYAN BANKING BERHAD
Stock Name MAYBANK
Date Announced 02 Oct 2017
Category General Announcement for PLC
Reference Number GA1-02102017-00112