Malayan Banking Berhad (“Maybank”) wishes to announce that one of its subsidiaries, Peram Ranum Berhad (“Peram Ranum”) held an Extraordinary General Meeting (“EGM”) on 1 November 2012 whereby it was resolved that Peram Ranum be wound up voluntarily.

Peram Ranum, a dormant company, is wholly owned by Maybank Ageas Holdings Berhad (MAHB) (formerly known as Mayban Ageas Holdings Berhad). Etiqa International Holdings Sdn. Bhd. (EIHSB) in turn holds 69.05% interest in MAHB.  EIHSB is a wholly-owned subsidiary of Maybank. The shareholder of Peram Ranum had also at the EGM approved the appointment of Ms. Chua Siew Chuan as the liquidator.

The voluntary winding-up of Peram Ranum is not expected to have any material effect on the earnings and net tangible assets of the Maybank Group.  None of the Directors or substantial shareholders of Maybank or persons connected to them has any interest in the voluntary winding-up.

This announcement is dated 1 November 2012.