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New Issue of Securities (Chapter 6 of Listing Requirements) : Other Issue Of Securities

BackApr 27, 2016
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description

MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" OR "COMPANY") DIVIDEND REINVESTMENT PLAN THAT PROVIDES SHAREHOLDERS OF MBSB THE OPTION TO ELECT TO REINVEST THE ELECTABLE PORTION OF THEIR FINAL DIVIDEND OF THREE (3) SEN NET PER ORDINARY SHARE OF RM1.00 EACH IN MBSB ("MBSB SHARE") IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2015, IN NEW MBSB SHARES ("DIVIDEND REINVESTMENT PLAN")

Reference is made to the announcements dated 24 February 2016 and 15 April 2016 in relation to the Dividend Reinvestment Plan (“Earlier Announcements”). Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Earlier Announcements.

 

On behalf of the Board of Directors of MBSB, AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 27 April 2016, granted its approval for the listing of and quotation for the new MBSB Shares to be issued pursuant to the Dividend Reinvestment Plan, subject to the following conditions:-

a)     MBSB to obtain its shareholders’ approval for the allotment and issuance of new MBSB Shares pursuant to the Dividend Reinvestment Plan;

 

b)     MBSB and AmInvestment Bank must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities pertaining to the implementation of the Dividend Reinvestment Plan;

 

c)     MBSB and AmInvestment Bank to inform Bursa Securities upon the completion of the Dividend Reinvestment Plan; and

 

d)     MBSB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Dividend Reinvestment Plan is completed.

 

This announcement is dated 27 April 2016.

 





Announcement Info

Company Name MALAYSIA BUILDING SOCIETY BERHAD
Stock Name MBSB
Date Announced 27 Apr 2016
Category General Announcement for PLC
Reference Number GA1-27042016-00092