| Type | Announcement | ||||||||||
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
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| Description | MALAYAN BANKING BERHAD (“MAYBANK”) (I) ACQUISITION BY MAYBANK KIM ENG HOLDINGS LIMITED (FORMERLY KNOWN AS KIM ENG HOLDINGS LIMITED (“MKEH”), A SUBSIDIARY OF MAYBANK IB HOLDINGS SDN. BHD. (FORMERLY KNOWN AS MAYBAN IB HOLDINGS SDN. BHD.) (“MAYBANK IB HOLDINGS”), WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF MAYBANK, OF AN AGGREGATE OF 344,427,134 COMMON SHARES IN MAYBANK ATR KIMENG FINANCIAL CORPORATION (FORMERLY KNOWN AS ATR KIMENG FINANCIAL CORPORATION) (“MATRKE”), REPRESENTING APPROXIMATELY 32.24% OF THE TOTAL NUMBER OF ISSUED COMMON SHARES OF MATRKE (“ACQUISITION”); AND (II) MANDATORY TENDER OFFER FOR ALL THE REMAINING MATRKE SHARES NOT ALREADY OWNED, CONTROLLED OR AGREED TO BE ACQUIRED BY MKEH |
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(For consistency, the abbreviations used hereafter throughout this Announcement shall have the same meanings as defined in the announcements dated 29 June 2011, 4 August 2011, 17 August 2011 and 9 December 2011, unless otherwise stated.) We refer to the announcements dated 29 June 2011, 4 August 2011, 17 August 2011 and 9 December 2011 in relation to the above. On behalf of the Board of Directors of Maybank, Maybank Investment Bank Berhad wishes to announce that MKEH has sold 50 million issued and outstanding common shares in MATRKE to Wah Hong Investment Limited, a Hong Kong company, and another 50 million of issued and outstanding common shares in MATRKE to Lotus Asset Management (BVI) Limited, a British Virgin Island registered firm. The sale price is Php4.38 per share, which is equivalent to the price MKEH paid to the stockholders of MATRKE in the mandatory tender offer which closed on 29 November 2011. Together, the 100 million shares sold by MKEH represent approximately 9.36% of the total issued and outstanding common shares of MATRKE. Following the crossing of the 100 million shares through the facilities of the Philippines Stock Exchange (“PSE”) today, and considering that 0.89% of the MATRKE’s issued and outstanding common shares were already owned by the public, the public now owns approximately 10.25% of the total issued and outstanding common shares of MATRKE. Consequently, MATRKE is now in full compliance with the PSE’s minimum public ownership requirement. Please refer to the attached announcement by MATRKE, for further details. This announcement is dated 27 December 2012.
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