Contents :
(1) PROPOSED ACQUISITIONS BY MAYBAN FORTIS, WHICH IS 70%-OWNED BY MAYBANK AND 30%-OWNED BY FORTIS INTERNATIONAL N.V. ("FORTIS"), OF:
(A) 21,721,234 ORDINARY SHARES OF RM1.00 EACH REPRESENTING APPROXIMATELY 7.68% OF THE ISSUED AND PAID UP SHARE CAPITAL OF MNI HOLDINGS BERHAD ("MNIH") FROM PERMODALAN NASIONAL BERHAD ("PNB"); AND
(B) 188,339,262 ORDINARY SHARES OF RM1.00 EACH REPRESENTING APPROXIMATELY 66.56% OF THE ISSUED AND PAID UP SHARE CAPITAL OF MNI FROM AMANAH RAYA NOMINEES (TEMPATAN) SDN BHD - SKIM AMANAH SAHAM BUMIPUTERA ("ARN-ASB")
(COLLECTIVELY REFERRED TO AS THE "PROPOSED MNIH ACQUISITION")
(2) MANDATORY GENERAL OFFER BY MAYBAN FORTIS FOR THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN MNIH ("MNIH SHARES") NOT ALREADY HELD BY MAYBAN FORTIS UPON COMPLETION OF THE PROPOSED MNIH ACQUISITION
(3) MANDATORY GENERAL OFFER BY MNIH FOR THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN MALAYSIA NATIONAL INSURANCE BERHAD, A 98.6%-OWNED SUBSIDIARY OF MNIH, NOT ALREADY HELD BY MNIH UPON COMPLETION OF THE PROPOSED MNIH ACQUISITION
We refer to the announcement dated 29 August 2005.
Attached is the disclosure of dealings in MNIH Shares as required by the Malaysian Code on Take-Overs and Mergers, 1998.
This announcement is dated 19 September 2005.
Announcement Info
| Company Name |
MALAYAN BANKING BERHAD |
| Stock Name |
MAYBANK |
| Date Announced |
19 Sept 2005 |
| Category |
General Announcement |
| Reference No |
CU-050916-54965 |