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

Oct 17, 2012 Back
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description MALAYAN BANKING BERHAD (“MAYBANK”)

RECURRENT AND OPTIONAL DIVIDEND REINVESTMENT PLAN THAT ALLOWS SHAREHOLDERS OF MAYBANK TO REINVEST THE ELECTABLE PORTION OF THEIR INTERIM CASH DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDING 31 DECEMBER 2012 OF RM0.32 PER ORDINARY SHARE OF RM1.00 EACH IN MAYBANK (“MAYBANK SHARE”) LESS 25% TAXATION INTO NEW MAYBANK SHARES (“5th DRP”)

We refer to the announcements dated 5 September 2012, 7 September 2012, 18 September 2012, 26 September 2012 and 3 October 2012 in relation to the 5th DRP.

On behalf of the Board of Directors of Maybank, Maybank Investment Bank Berhad is pleased to announce that based on the valid dividend reinvestment forms received by Tricor Investor Services Sdn Bhd, the registrar for the 5th DRP, Maybank will be issuing 173,144,233 new Maybank Shares pursuant to the dividend reinvestment plan in respect of the interim cash dividend of Maybank for the financial year ending 31 December 2012. The new Maybank Shares to be issued represent approximately 88.19% of the total number of 196,338,821 new Maybank Shares that would have been issued pursuant to the 5th DRP had all the entitled shareholders of Maybank elected to reinvest their respective electable portions into new Maybank Shares.

This announcement is dated 17 October 2012.

 


Announcement Info

Company Name MALAYAN BANKING BERHAD  
Stock Name MAYBANK    
Date Announced 17 Oct 2012  
Category General Announcement
Reference No MI-121017-64196