If you have Maybank Shares which are deposited in your Direct CDS, please fill in the attached form and send to
Tricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur
Tel: 2264 3883
Deadline for submission : 08 December 2010
Remember to affix Revenue stamp of RM10.00
This email requires your reply on Maybank Dividend Reinvestment Plan. If you do not reply, you will be paid in cash instead.
Malayan Banking Bhd has fixed the issue price of new Maybank shares to be issued under
the dividend reinvestment plan at RM7.70 per share. The issue price was based on the fiveday
volume weighted average market price (VWAMP) of RM8.99 per share up to and
including Nov 3, being the last trading day prior to the price fixing date. It also said the share
price was set after adjusting for a gross dividend adjustment of 44 sen to the five–day VWAMP
and a discount of 85 sen, which is approximately 9.9% discount to the ex–dividend VWAMP of
RM8.55. (Bursa Malaysia)
Ex-date : 18 November 2010
Shareholders who have 1000 shares will be paid the followings
1) 4 sen in cash less tax of 25%, therefor net payment is 3 sen = RM30.00
2) Dividend Reinvestment (optional, shareholders who do not respond will be automatically paid in cash)
40 sen less tax of 25%, therefor, net payment of 30 sen = RM300
If you opt for dividend reinvestment, the calculation is
RM300 / RM7.70 = 38 shares .
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Wonder how I am to deal with those untradable odd lots...
