Final Dividend (with Dividend Re-Investment Plan)

MALAYAN BANKING BERHAD

EX-date 06 May 2019
Entitlement date 08 May 2019
Entitlement time 05:00 PM
Entitlement subject Final Dividend (with Dividend Re-Investment Plan)
Entitlement description Final single-tier cash dividend in respect of the financial year ended 31 December 2018 of RM0.32 per ordinary share of Malayan Banking Berhad
Period of interest payment   to  
Financial Year End 31 Dec 2018
Share transfer book & register of members will be 09 May 2019   to   09 May 2019 closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no Tricor Investor & Issuing House Services Sdn Bhd Unit 32-01, Level 32, Tower A Vertical Business Suite, Avenue 3, Bangsar South No. 8, Jalan Kerinchi 59200 Kuala Lumpur Telephone number : 603 - 2783 9299 Fax number: 603 - 2783 9222 Email address: is.enquiry@my.tricorglobal.com
Payment date 07 Jun 2019
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 08 May 2019
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 06 May 2019
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 0
Entitlement indicator Currency
Currency Malaysian Ringgit (MYR)
Entitlement in Currency 0.32
Par Value (if applicable)


Remarks :
On 26 February 2019, the Board of Directors of Malayan Banking Berhad ("Maybank") ("Board") announced its consolidated results for the financial period ended 31 December 2018, wherein the Board proposed a final single-tier cash dividend in respect of the financial year ended 31 December 2018 of RM0.32 per ordinary share of Maybank ("Maybank Share") ("Final Cash Dividend"), which was approved by shareholders of Maybank on 11 April 2019 at its annual general meeting. The Board had also determined that the dividend reinvestment plan will apply to the Final Cash Dividend ("18th DRP"), in which an electable portion of RM0.17 per Maybank Share held can be elected to be reinvested into new Maybank Shares and the remaining cash portion of RM0.15 per Maybank Share held will be paid in cash. 

Following the above, on behalf of the Board, Maybank Investment Bank Berhad wishes to announce that the issue price of new Maybank Shares to be issued pursuant to the dividend reinvestment plan applicable to the 18th DRP has been fixed today at RM8.00 per new Maybank Share.

This announcement is dated 23 April 2019.


Announcement Info

Company Name MALAYAN BANKING BERHAD
Stock Name MAYBANK
Date Announced 23 Apr 2019
Category Entitlement(Notice of Book Closure)
Reference Number ENT-23042019-00012