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 announcement dated 21 March 2008 in relation to the Proposed Acquisition. On behalf of the Company, Aseambankers Malaysia Berhad is pleased to announce that Bank Negara Malaysia had, vide its letter dated 27 May 2008 granted approval for Maybank to acquire up to 20% stake in An Binh Bank. This announcement is dated 29 May 2008. |
Company Name | MALAYAN BANKING BERHAD |
Stock Name | MAYBANK |
Date Announced | 29 May 2008 |
Category | General Announcement |
Reference No | CU-080528-67800 |