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MBSB (1171)

Proposed First And Final Dividend

BackFeb 14, 2011
Date Announced

Proposed First and Final Dividend

Proposed First and Final Dividend of 9% less 25% Income Tax for the Financial Year Ended 31 December 2010.

Announcement Details :

The Board of Directors has recommended a first and final dividend of 9% less 25% income tax (6.75 sen net per ordinary share) in respect of the financial year ended 31 December 2010, for the approval of the Company's shareholders at the forthcoming Annual General Meeting. Based on the issued and paid up as at 31 December 2010 of 700,297,527 ordinary shares, the net dividend payable would amount to RM47.270 million. The financial statements for the current year do not reflect this proposed dividend. Such dividend, if approved by the shareholders, will be accounted for in equity in the financial year ending 31 December 2011.

The entitlement and payment dates in respect of this proposed dividend will be announced at a later date.

This announcement is dated 14 February 2011.