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

Oct 27, 2017 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 2017 INTO NEW ORDINARY SHARES IN MAYBANK ("15th DRP")

(Unless otherwise stated, definitions used in this announcement shall carry the same meanings as defined in the announcement dated 18 September 2017).

We refer to the earlier announcements in relation to the 15th DRP, the latest of which is dated 12 October 2017.

On behalf of the Board of Directors of Maybank, Maybank IB is pleased to announce that based on the valid dividend reinvestment forms received by Tricor Investor & Issuing House Services Sdn Bhd, the registrar for the 15th DRP, Maybank will be issuing 181,677,352 new Maybank Shares pursuant to the 15th DRP. The new Maybank Shares to be issued represent approximately 85.74% of the total number of 211,888,796 new Maybank Shares that would have been issued pursuant to the 15th DRP had all the entitled shareholders of Maybank elected to reinvest the electable portion of their Interim Cash Dividend into new Maybank Shares.

This announcement is dated 27 October 2017.





Announcement Info

Company Name MALAYAN BANKING BERHAD
Stock Name MAYBANK
Date Announced 27 Oct 2017
Category General Announcement for PLC
Reference Number GA1-27102017-00076