MAYBANK - Interim Dividend
Announcement Type: Entitlements (Notice of Book Closure)
Company Name | MALAYAN BANKING BERHAD |
Stock Name | MAYBANK |
Date Announced | 12 Sept 2014 |
Category | Entitlements (Notice of Book Closure) |
Reference No | MI-140912-65322 |
Remarks : |
On 28 August 2014, the Board of Directors of Malayan Banking Berhad (“Maybank”) (“Board”) announced its consolidated results for the financial period ended 30 June 2014, wherein the Board declared a single-tier interim cash dividend in respect of the financial year ending 31 December 2014 of RM0.24 per ordinary share of RM1.00 each in Maybank (“Maybank Share”) held (“Interim Cash Dividend”). The Board had also determined that the Dividend Reinvestment Plan (“DRP”) will apply to the Interim Cash Dividend, in which an electable portion of RM0.20 per Maybank Share held can be elected to be reinvested into new Maybank Shares and the remaining portion of the Interim Cash Dividend of RM0.04 per Maybank Share held will be paid in cash. On behalf of the Board, Maybank Investment Bank Berhad wishes to announce that the issue price of the new Maybank Shares to be issued pursuant to the DRP applicable to the Interim Cash Dividend has been fixed today at RM9.30 per new Maybank Share. This announcement is dated 12 September 2014. |
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