| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | MALAYAN BANKING BERHAD (“MAYBANK”) (I) ACQUISITION BY KIM ENG HOLDINGS LIMITED (“KIM ENG”), A SUBSIDIARY OF MAYBAN IB HOLDINGS SDN. BHD. (FORMERLY KNOWN AS ASEAM CREDIT SDN. BHD.) (“MAYBAN IB HOLDINGS”), WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF MAYBANK, OF AN AGGREGATE OF 344,427,134 COMMON SHARES IN ATR KIMENG FINANCIAL CORPORATION (“ATR KE”), REPRESENTING APPROXIMATELY 32.24% OF THE TOTAL NUMBER OF ISSUED COMMON SHARES OF ATR KE (“ACQUISITION”); AND (II) MANDATORY TENDER OFFER FOR ALL THE REMAINING ATR KE SHARES NOT ALREADY OWNED, CONTROLLED OR AGREED TO BE ACQUIRED BY KIM ENG |
(For consistency, the abbreviations used hereafter throughout this Announcement shall have the same meanings as defined in the announcements dated 29 June 2011 and 4 August 2011, unless otherwise stated.) We refer to the announcements dated 29 June 2011 and 4 August 2011 in relation to the above. On behalf of the Board of Directors of Maybank, Maybank Investment Bank Berhad wishes to announce that the Acquisition has been completed on 17 August 2011. Following the completion of the Acquisition, Kim Eng now holds approximately 74.64% of the total number of issued common shares of ATR KE. Pursuant to the provisions of the Implementing Rules and Regulations of the Securities Regulation Code and any other issuance of the Securities and Exchange Commission, the execution of the Acquisition will trigger an obligation by Kim Eng to undertake a mandatory tender offer for the issued common shares in ATR KE other than those already owned, controlled or agreed to be acquired by Kim Eng. Please refer to the attached announcement by ATR KE, for further details.This Announcement is dated 17 August 2011. |
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| Company Name | MALAYAN BANKING BERHAD |
| Stock Name | MAYBANK |
| Date Announced | 17 Aug 2011 |
| Category | General Announcement |
| Reference No | MI-110817-62357 |