| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description |
MALAYAN BANKING BERHAD ("MAYBANK" OR "COMPANY") (I) PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN AMANAH MUTUAL BERHAD AND 100% EQUITY INTEREST IN SINGAPORE UNIT TRUSTS LIMITED BY MAYBANK ASSET MANAGEMENT GROUP BERHAD ("MAMG"); AND (II) PROPOSED SUBSCRIPTION BY PERMODALAN NASIONAL BERHAD OF 8,336,404 NEW ORDINARY SHARES IN MAMG, REPRESENTING 20% OF THE ENLARGED ISSUED SHARE CAPITAL OF MAMG |
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(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the Company’s announcement dated 13 December 2017)
Reference is made to Maybank’s announcements dated 13 December 2017, 12 January 2018, 18 January 2018, 24 January 2018, 7 March 2018, 9 March 2018, 23 March 2018, 20 April 2018 and 16 May 2018 in relation to the Proposals.
The Board of Directors of Maybank wishes to announce that the Proposed Acquisitions have been completed on 17 May 2018 following the settlement of the purchase consideration.
This announcement is dated 17 May 2018. |
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| Company Name | MALAYAN BANKING BERHAD |
| Stock Name | MAYBANK |
| Date Announced | 17 May 2018 |
| Category | General Announcement for PLC |
| Reference Number | GA1-17052018-00084 |