"Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 21 February 2008 with bonus issue of MAYBANK shares of RM1.00 each, any shareholder who is entitled to receive MAYBANK bonus issue shares, may sell any or all of his MAYBANK shares arising from the bonus issue beginning the Ex-Date ( 18 February 2008 ).
For example, if Mr X purchases 400 MAYBANK shares on cum basis on 15 February 2008, Mr X should receive 400 shares on 20 February 2008. As a result of the bonus issue, 500 MAYBANK shares will be credited into Mr X's CDS account on the night of 20 February 2008 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 500 on or after the Ex-Date ie from18 February 2008 onwards."
Company Name | MALAYAN BANKING BERHAD |
Stock Name | MAYBANK |
Date Announced | 29 Jan 2008 |
Category | Listing Circular |
Reference No | RN-080125-45457 |