MBSB
Final Dividend
| MALAYSIA BUILDING SOCIETY BERHAD |
| EX-date | 17 May 2016 |
| Entitlement date | 19 May 2016 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Final Dividend |
| Entitlement description | 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. |
| Period of interest payment | to |
| Financial Year End | 31 Dec 2015 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Registrar or Service Provider name, address, telephone no | TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200 Kuala Lumpur Tel:0327839299 Fax:0327839222 |
| Payment date | 16 Jun 2016 |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 19 May 2016 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | 17 May 2016 |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new shares/securities issued (units) (If applicable) | |
| Entitlement indicator | Currency |
| Currency | Malaysian Ringgit (MYR) |
| Entitlement in Currency | 0.0300 |
| Par Value | Malaysian Ringgit (MYR) 1.000 |
| 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. |
Announcement Info
| Company Name | MALAYSIA BUILDING SOCIETY BERHAD |
| Stock Name | MBSB |
| Date Announced | 05 May 2016 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-05052016-00007 |