Malayan Banking berhad ("Maybank")Acquisition of 8,682,815 Non-redeemable Preference Shares ("NRPS") Held By Employees Provident Fund ("EPF") In Mayban Fortis Holdings Berhad ("MFHB") For A Total Cash Consideration Of RM125,969,815

Jun 29, 2010 Back
Type Announcement
Subject MALAYAN BANKING BERHAD (“MAYBANK”)

ACQUISITION OF 8,682,815 NON-REDEEMABLE PREFERENCE SHARES (“NRPS”) HELD BY EMPLOYEES PROVIDENT FUND (“EPF”) IN MAYBAN FORTIS HOLDINGS BERHAD (“MFHB”) FOR A TOTAL CASH CONSIDERATION OF RM125,969,815
Contents Maybank wishes to announce that it has on 28 June 2010 acquired 8,682,815 NRPS in MFHB, a 69.05% indirect subsidiary of Maybank, from EPF for a total cash consideration of RM125,969,815 (“the Acquisition”).

Kindly refer to the attachment for the details of the Acquisition.

 


Announcement Info

Company Name MALAYAN BANKING BERHAD  
Stock Name MAYBANK    
Date Announced 29 Jun 2010  
Category General Announcement
Reference No MB-100629-B34F6

Attachments

  1. MAYBANK290610.pdf (Size: 241,312 bytes)