Maybank to issue new shares


“The new Maybank shares to be issued represent about 87.39% of the total number of 197.54 million new Maybank shares that would have been issued pursuant to the DRP, ” Maybank said in a filing with Bursa Malaysia.

PETALING JAYA: Malayan Banking Bhd (Maybank) will be issuing 172.63 million new Maybank shares pursuant to its dividend reinvestment plan (DRP).

“The new Maybank shares to be issued represent about 87.39% of the total number of 197.54 million new Maybank shares that would have been issued pursuant to the DRP, ” Maybank said in a filing with Bursa Malaysia.

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