Malayan Banking Berhad ("Maybank" or "the Company") Proposed acquisition by Maybank of up to 20% of the total charter capital of An Binh Commercial Joint Stock Bank ("An Binh Bank") for a purchase consideration to be wholly satisfied in cash ("Proposed Acquisition")

Type	Announcement
Subject	Malayan Banking Berhad (“Maybank” or “the Company”) Proposed acquisition by Maybank of up to 20% of the total charter capital of An Binh Commercial Joint Stock Bank (“An Binh Bank”) for a purchase consideration to be wholly satisfied in cash (“Proposed Acquisition”)
Contents	We refer to the announcements dated 21 March 2008, 29 May 2008, 9 September 2008 and 24 September 2008 in relation to the Proposed Acquisition. Maybank wishes to announce that An Binh Bank has distributed shares via a bonus issue to the existing shareholders of An Binh Bank (excluding Maybank) in August 2009. Therefore, Maybank has on 25 August 2009 completed the subscription of approximately 2.16 million additional shares in An Binh Bank at VND20,000 per share for a total consideration of approximately VND43.3 billion or RM8.5 million (at the exchange rate of VND5,073 : RM1.00 as of 24 August 2009) in order to maintain its 15% shareholding in An Binh Bank. This announcement is dated 25 August 2009.

 

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Announcement Info

Company Name	MALAYAN BANKING BERHAD
Stock Name	MAYBANK
Date Announced	25 Aug 2009
Category	General Announcement
Reference No	MB-090825-59117