Type | Announcement |
Subject | OTHERS |
Description | MALAYAN BANKING BERHAD (“MAYBANK”) Extension of Period to Fulfill Mandatory Sell-Down Requirement for PT Bank Internasional Indonesia Tbk (“BII”) (“Sell-Down Requirement”) |
(Unless otherwise stated, the definitions used in this announcement shall carry the same meaning as defined in the announcement dated 16 September 2008, 3 December 2010 and 31 May 2011) We refer to Maybank's announcements dated 16 September 2008, 3 December 2010 and 31 May 2011 in relation to the Sell-Down Requirement in respect of our stake in BII. On behalf of Maybank, Maybank Investment Bank Berhad wishes to announce that Maybank had on 30 December 2011 received a letter dated 27 December 2011 from Badan Pengawas Pasar Modal dan Lembaga Keuangan (“Bapepam”), wherein Bapepam has granted a further extension of time for Maybank to fulfill the Sell-Down Requirement and complete the sell-down exercise by 1 June 2012. This announcement is dated 3 January 2012. |
Company Name | MALAYAN BANKING BERHAD |
Stock Name | MAYBANK |
Date Announced | 3 Jan 2012 |
Category | General Announcement |
Reference No | MI-120103-62554 |