ACQUISITIONS BY MAYBAN FORTIS HOLDINGS BERHAD ("MAYBAN FORTIS"), WHICH IS 70%-OWNED BY MAYBANK AND 30%-OWNED BY FORTIS INSURANCE INTERNATIONAL N.V. OF:(A) 21,721,234 ORDINARY SHARES OF RM1.00 EACH REPRESENTING APPROXIMATELY 7.61% OF THE ISSUED AND PAID UP SHARE CAPITAL OF MNI HOLDINGS BERHAD ("MNIH") FROM PERMODALAN NASIONAL BERHAD; AND(B) 188,339,262 ORDINARY SHARES OF RM1.00 EACH REPRESENTING APPROXIMATELY 66.01% OF THE ISSUED AND PAID UP SHARE CAPITAL OF MNIH FROM AMANAH RAYA NOMINEES (TEMPATAN) SDN BHD - SKIM AMANAH SAHAM BUMIPUTERA.COLLECTIVELY REFERRED TO AS THE "MNIH ACQUISITION"

Dec 13, 2005 Back
Type Announcement
Subject MALAYAN BANKING BERHAD ("MAYBANK" OR "THE COMPANY")

ACQUISITIONS BY MAYBAN FORTIS HOLDINGS BERHAD ("MAYBAN FORTIS"), WHICH IS 70%-OWNED BY MAYBANK AND 30%-OWNED BY FORTIS INSURANCE INTERNATIONAL N.V. OF:

(A) 21,721,234 ORDINARY SHARES OF RM1.00 EACH REPRESENTING APPROXIMATELY 7.61% OF THE ISSUED AND PAID UP SHARE CAPITAL OF MNI HOLDINGS BERHAD ("MNIH") FROM PERMODALAN NASIONAL BERHAD; AND

(B) 188,339,262 ORDINARY SHARES OF RM1.00 EACH REPRESENTING APPROXIMATELY 66.01% OF THE ISSUED AND PAID UP SHARE CAPITAL OF MNIH FROM AMANAH RAYA NOMINEES (TEMPATAN) SDN BHD - SKIM AMANAH SAHAM BUMIPUTERA.

COLLECTIVELY REFERRED TO AS THE "MNIH ACQUISITION"

Contents :

We refer to our announcements dated 29 August 2005 and 28 November 2005 respectively.

On behalf of Maybank, Aseambankers Malaysia Berhad is pleased to announce that as at 13 December 2005, the MNIH Acquisition is deemed completed, with Mayban Fortis now being the beneficial owner of 210,060,496 ordinary shares of RM1.00 each in MNIH.

This announcement is dated 13 December 2005.

 

Announcement Info

Company Name MALAYAN BANKING BERHAD  
Stock Name MAYBANK    
Date Announced 13 Dec 2005  
Category General Announcement
Reference No CU-051206-57359