|Subject||NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
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 ("FINAL DIVIDEND"), IN NEW MBSB SHARES ("DIVIDEND REINVESTMENT PLAN")
Reference is made to the announcements dated 24 February 2016, 15 April 2016, 27 April 2016, and 5 May 2016 in relation to the Dividend Reinvestment Plan (collectively referred to as “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 (“Board”), AmInvestment Bank Berhad wishes to announce that the issue price for the new MBSB Shares to be issued pursuant to the Dividend Reinvestment Plan for the Final Dividend (“DRP Shares”) has been fixed today (“Price Fixing Date”) at RM1.15 per DRP Share (“Issue Price”). The Issue Price represents a discount of approximately 9.28% to the ex-dividend volume weighted average market price (“VWAP”) of MBSB Share of RM1.2676, which was arrived at after taking into consideration:-
(a) the five (5)-day VWAP of RM1.2976 per MBSB Share up to and including 4 May 2016, being the last trading day prior to the Price Fixing Date; and
(b) a dividend adjustment of three (3) sen to the five (5)-day VWAP of MBSB Share.
Barring any unforeseen circumstances, the DRP Shares will be listed on the Main Market of Bursa Malaysia Securities Berhad in mid June 2016.
This announcement is dated 5 May 2016.
|Company Name||MALAYSIA BUILDING SOCIETY BERHAD|
|Date Announced||05 May 2016|
|Category||General Announcement for PLC|