Dissolution of Mayban Factoring Berhad

Aug 05, 2010 Back
Type Announcement
Subject Dissolution of Mayban Factoring Berhad
Contents We refer to our announcement on 14 September 2009 on the Members’ Voluntary Liquidation of Mayban Factoring Berhad (“MFB”).

Pursuant to Paragraph 9.19 of the Main Market Listing Requirements, Malayan Banking Berhad (“Maybank”) wishes to announce that one of its direct subsidiaries, MFB which was placed under members’ voluntary liquidation on 14 September 2009 and held its final meeting on 28 April 2010, was dissolved on 5 August 2010.

MFB had been inactive and was previously involved in the business of credit factoring until the cessation of its operations in 2002.

The dissolution of MFB will not have any material effect on the earnings or assets of Maybank Group for the financial year ending 30 June 2011.

None of the directors or substantial shareholders of Maybank or persons connected to them has any interest in the voluntary liquidation.

This announcement is dated 5 August 2010.

 


Announcement Info

Company Name MALAYAN BANKING BERHAD  
Stock Name MAYBANK    
Date Announced 5 Aug 2010  
Category General Announcement
Reference No MB-100805-7C3FD