Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES |
Description |
DIVIDEND REINVESTMENT PLAN THAT ALLOWS THE SHAREHOLDERS OF MAYBANK TO REINVEST THE ELECTABLE PORTION OF THEIR FINAL CASH DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 INTO NEW ORDINARY SHARES OF MAYBANK ("14TH DRP") |
(Unless otherwise stated, definitions used in this announcement shall carry the same meanings as defined in the announcement dated 20 April 2017). We refer to the earlier announcements in relation to the 14th DRP, the latest of which is dated 18 May 2017. 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 received by Tricor Investor & Issuing House Services Sdn Bhd, the registrar for the 14th DRP, Maybank will be issuing 243,599,777 new Maybank Shares pursuant to the 14th DRP. The new Maybank Shares to be issued represent approximately 89.06% of the total number of 273,526,724 new Maybank Shares that would have been issued pursuant to the 14th DRP had all the entitled shareholders of Maybank elected to reinvest the electable portion of their Final Cash Dividend into new Maybank Shares. This announcement is dated 1 June 2017. |
Company Name | MALAYAN BANKING BERHAD |
Stock Name | MAYBANK |
Date Announced | 01 Jun 2017 |
Category | General Announcement for PLC |
Reference Number | GA1-01062017-00115 |