| Type | Announcement |
| Subject | OTHERS |
| Description | MALAYAN BANKING BERHAD (“MAYBANK”) RECURRENT AND OPTIONAL DIVIDEND REINVESTMENT PLAN THAT ALLOWS SHAREHOLDERS OF MAYBANK TO REINVEST THE ELECTABLE PORTION OF THEIR FINAL CASH DIVIDEND IN RESPECT OF THE 6-MONTH FINANCIAL PERIOD ENDED 31 DECEMBER 2011 OF 36 SEN PER ORDINARY SHARE OF RM1.00 EACH IN MAYBANK (“MAYBANK SHARE”) LESS 25% TAXATION INTO NEW MAYBANK SHARE(S) (“DIVIDEND REINVESTMENT PLAN”) |
On behalf of the Board of Directors of Maybank, Maybank Investment Bank Berhad wishes to announce that Bank Negara Malaysia, vide its letter dated 14 March 2012, granted its approval for Maybank to increase its issued and paid-up share capital through the issuance of up to 539.3 million new Maybank Shares arising from the implementation of the Dividend Reinvestment Plan. This announcement is dated 20 March 2012. |
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| Company Name | MALAYAN BANKING BERHAD |
| Stock Name | MAYBANK |
| Date Announced | 20 Mar 2012 |
| Category | General Announcement |
| Reference No | MI-120320-29800 |