| Type | Announcement |
| Subject | Malayan Banking Berhad (“Maybank”) |
| Contents | Proposed transfer by Maybank of 165,321,478 ordinary shares of RM1.00 each in Mayban Fortis Holdings Berhad (“Mayban Fortis”) representing its direct equity interest of 69.05% in Mayban Fortis to Etiqa International Holdings Sdn Bhd (formerly known as Pelangi Amanmaz Sdn Bhd) (“Etiqa International”) for a purchase consideration of RM359,340,912 to be satisfied by an amount owing by Etiqa International to Maybank (“Proposed Transfer”) |
Reference is made to the announcement dated 5 April 2010 in relation to the Proposed Transfer. Maybank Investment Bank Berhad, on behalf of the Board of Directors of Maybank, is pleased to announce that the Proposed Transfer has been completed on 5 May 2010. Mayban Fortis is now a 69.05% subsidiary of Etiqa International and the remaining 30.95% is held by Fortis Insurance International N.V.. Etiqa International is a wholly-owned subsidiary of Maybank. This announcement is dated 6 May 2010.
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| Company Name | MALAYAN BANKING BERHAD |
| Stock Name | MAYBANK |
| Date Announced | 6 May 2010 |
| Category | General Announcement |
| Reference No | MI-100506-47805 |