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")

May 29, 2008 Back
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.

 


Announcement Info

Company Name MALAYAN BANKING BERHAD  
Stock Name MAYBANK    
Date Announced 29 May 2008  
Category General Announcement
Reference No CU-080528-67800