Others

Jan 03, 2012 Back
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.

 


Announcement Info

Company Name MALAYAN BANKING BERHAD  
Stock Name MAYBANK    
Date Announced 3 Jan 2012  
Category General Announcement
Reference No MI-120103-62554