Single-Tier Final Dividend in respect of the financial year ended 31 December 2015 of 3.0 sen per ordinary share of RM1.00 each in MBSB.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted "Ex - Dividend” as from: 17 May 2016
2) The last date of lodgment : 19 May 2016
3) Date Payable : 16 Jun 2016
Remarks : The Board of Directors had on 24 February 2016 recommended a Single-Tier Final Dividend of 3.0% (3.0 sen net per Ordinary Share) for the financial year ended 31 December 2015. The Board of Directors has 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 3.0% for the financial year ended 31 December 2015. 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 (or a part thereof) 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. We wish to remind that MBSB's Warrants 2011/2016 will expire on 31 May 2016. The Holders of MBSB's existing Warrants 2011/2016 ("Warrant Holders") who wish to be entitled to the Single-Tier Final Dividend of 3.0 sen per MBSB Share for the financial year ended 31 December 2015 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 9 May 2016. This is to enable the new MBSB Shares arising from such exercise to be allotted to the respective Warrant Holders so that their names will appear in the Record of Depositors of MBSB Shares on 19 May 2016. This announcement is dated 5 May 2016.
|Company Name||MALAYSIA BUILDING SOCIETY BERHAD|
|Date Announced||06 May 2016|