Notice Of Bonus Entitlement

Jan 29, 2008 Back

LISTING'S CIRCULAR NO. L/Q : 48435 OF 2008


    Bonus Issue up to 987,277,005 new ordinary shares of RM1.00 each in Maybank ("Maybank Share(s)") to be credited as fully paid-up on the basis of one(1) new Maybank Share for every four(4) existing Maybank Shares held.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Bonus Issue" ]
    as from : [ 18 February 2008 ]

    2) The last date of lodgement : [ 20 February 2008 ]

    3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-

    a) Selling Broker to deduct [ 1/5 ] , of the Selling Price against the Selling Client.

    b) Buying Broker to deduct [ 20% ] of the Purchase Price against the Buying Client.

    c) Between Broker and Broker, the deduction of [ 1/5 ] of the Transacted Price is applicable.

    Remarks,

"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."


Announcement Info

Company Name MALAYAN BANKING BERHAD  
Stock Name MAYBANK    
Date Announced 29 Jan 2008  
Category Listing Circular
Reference No RN-080125-45457