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