Malayan Banking Berhad ("Maybank")Recurrent And Optional Dividend Reinvestment Plan That Allows Shareholders of Maybank To Reinvest Their Dividend in New Ordinary Share(s) Of RM1.00 Each In Maybank ("Dividend Reinvestment Plan")

Dec 14, 2010 Back
Type Announcement
Subject MALAYAN BANKING BERHAD ("MAYBANK")

RECURRENT AND OPTIONAL DIVIDEND REINVESTMENT PLAN THAT ALLOWS SHAREHOLDERS OF MAYBANK TO REINVEST THEIR DIVIDEND IN NEW ORDINARY SHARE(S) OF RM1.00 EACH IN MAYBANK ("DIVIDEND REINVESTMENT PLAN")
Contents (Unless otherwise stated, definitions used in this announcement shall carry the same meanings as defined in the information memorandum issued by Maybank dated 24 November 2010).

We refer to the announcements dated 4 November, 10 November 2010, 18 November 2010 and 24 November 2010 in relation to the Dividend Reinvestment Plan.

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 ("DRF") received by Tricor Investor Services Sdn Bhd, the Registrar for the Dividend Reinvestment Plan ("Tricor") as at the Expiry Date, Maybank is required to issue 244,257,623 new Maybank Shares ("New Shares") pursuant to the Dividend Reinvestment Plan applied to the final dividend of Maybank for the financial year ended 30 June 2010. The New Shares represent approximately 88.59% of the 275,728,660 total number of new Maybank Shares that would have been issued pursuant to the Dividend Reinvestment Plan, had all the Entitled Shareholders elected to reinvest their respective Electable Portions into new Maybank Shares.

This announcement is dated 14 December 2010.

 

 


Announcement Info

Company Name MALAYAN BANKING BERHAD  
Stock Name MAYBANK    
Date Announced 14 Dec 2010  
Category General Announcement
Reference No MI-101213-62556