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 THE SHAREHOLDERS OF MAYBANK TO REINVEST THE ELECTABLE PORTION OF THEIR FINAL CASH DIVIDEND INTO NEW ORDINARY SHARE OF RM1.00 EACH IN MAYBANK (“MAYBANK SHARE”) (“6th DRP”) |
On behalf of the Board of Directors of Maybank, Maybank Investment Bank Berhad wishes to announce that Bank Negara Malaysia has granted its approval for Maybank to increase its issued and paid-up share capital through the issuance of up to 320.1 million new Maybank Shares under the 6th DRP. The issuance of the new Maybank Shares in relation to the 6th DRP is subject to the approval of the shareholders of Maybank at an annual general meeting to be convened, the date of which will be announced in due course. This announcement is dated 5 March 2013. |
Company Name | MALAYAN BANKING BERHAD |
Stock Name | MAYBANK |
Date Announced | 5 Mar 2013 |
Category | General Announcement |
Reference No | MI-130305-44638 |