1. Details of Corporate Proposal |
|
Whether the corporate proposal involves the issuance of new type and new class of securities? |
No |
Types of corporate proposal | Others |
Details of corporate proposal | RECURRENT AND OPTIONAL DIVIDEND REINVESTMENT PLAN THAT ALLOWS SHAREHOLDERS OF MALAYAN BANKING BERHAD (“MAYBANK”) TO REINVEST THE ELECTABLE PORTION OF THEIR FINAL CASH DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 30 JUNE 2011 OF 32 SEN PER ORDINARY SHARE OF RM1.00 EACH IN MAYBANK (“MAYBANK SHARE”) LESS 25% TAXATION INTO NEW MAYBANK SHARE(S) (“DIVIDEND REINVESTMENT PLAN”) |
No. of shares issued under this corporate proposal | 161,221,416 |
Issue price per share ($$) | MYR 7.300 |
Par Value ($$) | MYR 1.000 |
Latest issued and paid up share capital after the above corporate proposal in the following |
|
Units | 7,639,437,483 |
Currency | MYR 7,639,437,483.000 |
Listing Date | 29/12/2011 |
Remarks : |
The Dividend Reinvestment Plan will be completed with the listing of and quotation for 161,221,416 new Maybank Shares on the Main Market of Bursa Malaysia Securities Berhad on 29 December 2011. This announcement is dated 28 December 2011. |
Company Name | MALAYAN BANKING BERHAD |
Stock Name | MAYBANK |
Date Announced | 28 Dec 2011 |
Category | Additional Listing Announcement (ALA) |
Reference No | MI-111228-39585 |