|Entitlement time||05:00:00 PM|
|Entitlement subject||Special Dividend|
|Entitlement description||Single-tier Special Dividend in respect of the financial year ended 31 December 2014 of 2.0 sen per ordinary share of RM1.00 each in MBSB.|
|Period of interest payment||to|
|Financial Year End||31/12/2014|
|Share transfer book & register of members will be||to closed from (both dates inclusive) for the purpose of determining the entitlements|
|Registrar's name ,address, telephone no||Tricor Investor & Issuing House Services Sdn Bhd (formerly known as Equiniti Services Sdn Bhd) (11324-H)
Level 17, The Gardens North Tower
Mid-Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur
Tel: 03- 2264 3883
|a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers||29/04/2015|
|b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit||27/04/2015|
|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)|
|Currency||Malaysian Ringgit (MYR)|
|Entitlement in Currency||0.02|
|On 16 February 2015, the Board of Directors ("Board") of Malaysia Building Society Berhad ("MBSB") announced its consolidated results for the financial period ended 31 December 2014 wherein the Board proposed a Single-Tier Final Dividend of 10.0 sen and Single-Tier Special Dividend of 2.0 sen per ordinary share of RM1.00 each in MBSB ("MBSB Share") for the financial year ended 31 December 2014.
The Board had also determined that the option to reinvest via the Dividend Reinvestment Plan ("DRP") shall apply to the entire portion of the proposed Single-Tier Final Dividend of 10.0 sen and Single-Tier Special Dividend of 2.0 sen per MBSB Share for the financial year ended 31 December 2014.
The shareholders will have the following options in respect of the electable portion:-
(a) elect to exercise the option to reinvest and thereby reinvest the entire electable portion at the issue price of the new MBSB shares ("DRP Price") and to receive cash for the remaining portion of the dividend (in the event that only part of the electable portion is reinvested); or
(b) elect not to exercise the option to reinvest and thereby receive their entire dividend entitlement wholly in cash.
There will be no brokerage fees and other related transaction costs payable by shareholders on the new MBSB shares allotted pursuant to the DRP.
Holders of MBSB’s existing Warrants 2011/2016 (“Warrant Holders”) who wish to be entitled to the Single-Tier Final Dividend of 10.0 sen and Single-Tier Special Dividend of 2.0 sen per MBSB Share for the financial year ended 31 December 2014 should exercise their rights to subscribe for new MBSB Shares by lodging their duly completed exercise forms together with the relevant subscription monies with MBSB’s Registrar (at the address stated above) no later than 5.00 p.m. on 17 April 2015. This is to enable the new MBSB Shares arising from such exercise to be allotted to the respective Warrant Holders such that their names will appear in the Record of Depositors for MBSB Shares at 5.00 p.m. on 29 April 2015.
This announcement is dated 15 April 2015.
|Company Name||MALAYSIA BUILDING SOCIETY BERHAD|
|Date Announced||15 Apr 2015|
|Category||Entitlements (Notice of Book Closure)|