RHBBANK

5.500

-0.01 (-0.2%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES RHB BANK BERHAD ("RHB BANK" OR "COMPANY") DIVIDEND REINVESTMENT PLAN ("DRP") APPLICABLE TO THE SECOND INTERIM DIVIDEND FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 OF RHB BANK

RHB BANK BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description
RHB BANK BERHAD ("RHB BANK" OR "COMPANY")

DIVIDEND REINVESTMENT PLAN ("DRP") APPLICABLE TO THE SECOND INTERIM DIVIDEND FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 OF RHB BANK

Unless otherwise defined, the abbreviations and definitions used in the announcement dated 20 March 2024 (“Announcement”) shall apply herein.

 

We refer to the Announcement.

 

On behalf of the Board of Directors of RHB Bank, RHB Investment Bank Berhad (“RHB Investment Bank”) is pleased to announce that Bursa Securities had, vide its letter dated 22 March 2024, approved the listing and quotation of up to 119,396,883 new ordinary shares in RHB Bank to be issued pursuant to the DRP subject to the following conditions:

 

(i) RHB Bank and RHB Investment Bank must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities pertaining to the implementation of the DRP;

 

(ii) RHB Bank and RHB Investment Bank to inform Bursa Securities upon completion of the DRP; 

 

(iii) RHB Bank to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the DRP is completed;

 

(iv) RHB Bank to furnish Bursa Securities with a certified true copy of the resolution passed by shareholders at the next general meeting for the issuance of shares pursuant to the DRP in the event that the existing authority has expired prior to the full implementation of the DRP; and

 

(v) payment of additional listing fee, if any, based on the final issue price together with a copy of the details of the computation of the amount of listing fees payable.

 

This announcement is dated 25 March 2024.






Announcement Info

Company Name RHB BANK BERHAD
Stock Name RHBBANK
Date Announced 25 Mar 2024
Category General Announcement for PLC
Reference Number GA1-22032024-00077