16th Dividend Reinvestment Plan (DRP) in conjunction with Final Dividend for Financial Year Ended 31 Dec 2017

Final Dividend for the FYE 31 December 2017

  • The final single-tier dividend was declared by the Board of Directors of Maybank on 28 February 2018 together with the announcement of the fourth quarter financial results for the financial year ended 31 December 2017,
  • The final single-tier dividend consists of a cash portion of RM0.18 per ordinary share to be paid in cash and an electable portion of RM0.14 per ordinary share which can be elected to be reinvested in new ordinary shares.
  • On 12 April 2018, the shareholders approved the final dividend at the Annual General Meeting.

 

Issue Price

  • Issue price: RM10.00 per new Maybank Share
  • Price Fixing Date: 23 May 2018
  • The issue price is based on the five (5)-day volume weighted average market price (“VWAMP”) of RM10.85 per Maybank Share up to and including 22 May 2018, being the last trading day prior to the Price-Fixing Date for the issue price of new Maybank Shares after adjusting for the following:
    • a dividend adjustment of RM0.32 to the five (5)-day VWAMP ("Ex-Dividend VWAMP"); and
    • a discount of RM0.53 which is approximately 5.03% discount to the Ex-Dividend VWAMP of RM10.53.

 

Key Dates

  • Declaration of the Final Dividend: Wed, 28 February 2018
  • Approval of the Final Dividend at the Annual General Meeting: Thu, 12 April 2018
  • Announcement of Price Fixing and Book Closure Date: Wed, 23 May 2018
  • Ex-dividend Date: Tue, 5 June 2018
  • Book Closure (Entitlement) Date: Thu, 7 June 2018
  • Despatch of DRP documents to shareholders: Mon, 11 June 2018
  • Last date and time for shareholders to submit the Dividend Reinvestment Form: Tue, 26 June 2018
  • Allotment and issuance of new Maybank Shares as well as payment of cash dividend: Fri, 6 July 2018
  • Listing of New Maybank Shares: Mon, 9 July 2018

 

Announcements made on Bursa Malaysia

  • 12 March 2018: Approval from Bank Negara Malaysia on the increase in Maybank’s share capital of up to 219.0 million new ordinary shares pursuant to the 16th DRP.
  • 18 April 2018: Submission to Bursa Malaysia for a listing application for the listing and quotation of new ordinary shares of Maybank on the Main Market of Bursa Malaysia Securities Berhad to be issued pursuant to the 16th DRP.
  • 24 April 2018: Approval by Bursa Malaysia of the listing of and quotation for up to 185,258,205 new ordinary shares of Maybank on the Main Market of Bursa Securities to be issued pursuant to the 16th DRP.
  • 23 May 2018: Issue price of new Maybank Shares to be issued pursuant to the 16th DRP is fixed at RM10.00 per new Maybank Share.
  • 23 May 2018: Details of the Final Dividend.
  • 28 May 2018: Details of the Book Closure Date and other key dates.
  • 4 June 2018: News release: Notice of Book Closure and other key dates.
  • 11 June 2018: Announcement of despatch of DRP Documents to shareholders.
  • 11 June 2018: News release: Despatch of Dividend Reinvestment Plan documents.

Please read the disclaimer.

 

293,446,030