Final single-tier cash dividend in respect of the financial year ended 31 December 2018 of RM0.32 per ordinary share of Malayan Banking Berhad.

Kindly be advised of the following : 

1)  The above Company's securities will be traded and quoted "Ex - Dividend” as from: 6 May 2019
2)  The last date of lodgment : 8 May 2019
3)  Date Payable : 7 Jun 2019

Remarks:- On 26 February 2019, the Board of Directors of Malayan Banking Berhad ("Maybank") ("Board") announced its consolidated results for the financial period ended 31 December 2018, wherein the Board proposed a final single-tier cash dividend in respect of the financial year ended 31 December 2018 of RM0.32 per ordinary share of Maybank ("Maybank Share") ("Final Cash Dividend"), which was approved by shareholders of Maybank on 11 April 2019 at its annual general meeting. The Board had also determined that the dividend reinvestment plan will apply to the Final Cash Dividend ("18th DRP"), in which an electable portion of RM0.17 per Maybank Share held can be elected to be reinvested into new Maybank Shares and the remaining cash portion of RM0.15 per Maybank Share held will be paid in cash. 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 18th DRP has been fixed today at RM8.00 per new Maybank Share.

Announcement Info