Proposed Establishment Of A New Employees' Share Option Scheme (" Proposed ESOS")

Jun 28, 2004 Back
Type Announcement
Subject MALAYAN BANKING BERHAD ("Maybank" or "Company")

Proposed Establishment Of A New Employees’ Share Option Scheme (" Proposed ESOS")

Contents :

We refer to the announcements of the Company dated 1 August 2003 and 27 May 2004 respectively.

On behalf of Maybank, AmMerchant Bank Berhad is pleased to announce that the Company has obtained the approval-in-principle of Bursa Malaysia Securities Berhad (“Bursa Malaysia”), vide its letter dated 24 June 2004 (which was received on 25 June 2004), for the listing of such number of new ordinary shares of RM1.00 each representing up to 15% of the issued and paid-up share capital of Maybank to be issued pursuant to the exercise of options granted under the Proposed ESOS at any time during the existence of the Proposed ESOS.

Maybank is required to ensure full compliance of all the requirements pertaining to the Proposed ESOS as provided under the Listing Requirements of Bursa Malaysia at all times.

This announcement is dated 28 June 2004.

 


Announcement Info

Company Name MALAYAN BANKING BERHAD  
Stock Name MAYBANK    
Date Announced 28 Jun 2004  
Category General Announcement
Reference No MM-040628-63253