Final Dividend for the financial year ended 31 December 2020
- The Single-Tier Final Dividend of 2.0 sen net per Ordinary Share for the financial year ended 31 December 2020 was recommended by the Board of Directors of MBSB on 23 April 2021.
- The entire portion of the Single-Tier Final Dividend of 2.0 sen can be reinvested via the Dividend Reinvestment Plan (“DRP”).
- On 17 June 2021, the shareholders approved the final dividend at the Annual General Meeting.
Key Details of DRP
- Issue price: RM0.56 per new MBSB Share
- Price Fixing Date: 17 June 2021
- The issue price of RM0.56 represents a discount of approximately 8.8% to the Ex-Dividend VWAP of RM0.6139 which was arrived at after taking into consideration:
- the 5-day VWAP of RM0.6339 per MBSB Share up to and including 16 June 2021, being the last trading day prior to the Price-Fixing Date; and
- a dividend adjustment of 2.0 sen to the 5-day VWAP of MBSB Shares.
- Announcement of Price Fixing and Book Closure Date: 17 June 2021
- Ex-dividend Date: 30 June 2021
- Book Closure (Entitlement) Date: 1 July 2021
- Last date and time for shareholders to submit the Dividend Reinvestment Form: Monday, 19 July 2021 at 5.00pm
- Issuance and allotment of New Shares as well as payment of cash dividend to entitled shareholders: Friday, 30 July 2021
- Listing of New MBSB Shares: Monday, 2 August 2021
|Notice of Election and DRF|