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Sep 25, 2018 Back

 

Type Announcement
Subject OTHERS
Description

MALAYAN BANKING BERHAD ("MAYBANK")

REDEMPTION OF THE OUTSTANDING AMOUNT OF RM1.1 BILLION IN NOMINAL VALUE INNOVATIVE TIER 1 CAPITAL SECURITIES ("IT1CS") ISSUED BY MAYBANK PURSUANT TO ITS IT1CS PROGRAMME OF UP TO RM4.0 BILLION AND/OR ITS FOREIGN CURRENCY EQUIVALENT IN NOMINAL VALUE ("INNOVATIVE TIER 1 CAPITAL SECURITIES PROGRAMME")

We refer to our earlier announcement dated 5 June 2008 in respect of the approval obtained from the Securities Commission Malaysia for the Innovative Tier 1 Capital Securities Programme and announcement dated 25 September 2008 in relation to the pricing and offering of RM1.1 billion in nominal value of IT1CS (“RM1.1 billion IT1CS”) by Maybank.

On behalf of the Board of Directors of Maybank, Maybank Investment Bank Berhad is pleased to announce that Maybank has, on 25 September 2018, fully redeemed the entire outstanding amount of the RM1.1 billion IT1CS. The RM1.1 billion IT1CS were issued on 25 September 2008.

This announcement is dated 25 September 2018. 




Announcement Info

Company Name MALAYAN BANKING BERHAD
Stock Name MAYBANK
Date Announced 25 Sep 2018
Category General Announcement for PLC
Reference Number GA1-25092018-00091