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

Oct 25, 2018 Back

 

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description

DIVIDEND REINVESTMENT PLAN APPLICABLE TO THE INTERIM CASH DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDING 31 DECEMBER 2018 ("17th DRP")

We refer to the earlier announcements in relation to the 17th DRP, the latest of which is dated 11 October 2018.

On behalf of the Board of Directors of Malayan Banking Berhad (“Maybank”), Maybank Investment Bank Berhad 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 17th DRP, Maybank will be issuing 104,486,785 new ordinary shares in Maybank (“Maybank Shares”) pursuant to the 17th DRP. The new Maybank Shares to be issued represent approximately 84.03% of the total number of 124,340,264 new Maybank Shares that would have been issued pursuant to the 17th 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 25 October 2018.

 


Announcement Info

Company Name MALAYAN BANKING BERHAD
Stock Name MAYBANK
Date Announced 25 Oct 2018
Category General Announcement for PLC
Reference Number GA1-25102018-00106