The Dividend Reinvestment Plan (DRP) offers Maybank shareholders the choice of receiving their dividends entirely in cash, or to reinvest the electable portion of their dividends (Electable Portion) into new ordinary shares of Maybank (Maybank Shares).
Participating in the DRP benefits shareholders by providing greater flexibility in meeting their investment objectives as they will own additional Maybank Shares at a discount without having to incur material transaction or other related costs. The issue price of the new Maybank Shares is at a discount of up to 10% of the market price (adjusted ex-dividend).
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