Others

Jul 06, 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”)

We refer to Maybank's announcements dated 16 September 2008, 3 December 2010, 31 May 2011 and 3 January 2012 in relation to the Sell-Down Requirement in respect of Maybank’s stake in BII.

On behalf of Maybank, Maybank Investment Bank Berhad wishes to announce that Maybank had, on 5 July 2012, received an approval letter dated 29 June 2012 from Badan Pengawas Pasar Modal dan Lembaga Keuangan (“Bapepam”) (“Approval Letter”), wherein Bapepam has granted a further extension of time of six (6) months starting from the date of the Approval Letter for Maybank to fulfill the Sell-Down Requirement.

This announcement is dated 6 July 2012.

 


Announcement Info

Company Name MALAYAN BANKING BERHAD  
Stock Name MAYBANK    
Date Announced 6 Jul 2012  
Category General Announcement
Reference No MI-120706-43139