Malayan Banking Berhad ("Maybank" or "the Company") Proposed acquisition by Maybank of up to 20% of the total charter capital of An Binh Commercial Joint Stock Bank ("An Binh Bank") for a purchase consideration to be wholly satisfied in cash ("Proposed Acquisition")

Sep 24, 2008 Back
Type Announcement
Subject Malayan Banking Berhad (“Maybank” or “the Company”)

Proposed acquisition by Maybank of up to 20% of the total charter capital of An Binh Commercial Joint Stock Bank (“An Binh Bank”) for a purchase consideration to be wholly satisfied in cash (“Proposed Acquisition”)
Contents We refer to the announcement dated 9 September 2008 in relation to the Proposed Acquisition.

On behalf of the Company, Aseambankers Malaysia Berhad is pleased to announce that Maybank had on 24 September 2008, successfully completed the acquisition of 15% of the total charter capital of An Binh Bank pursuant to the Subscription Agreement dated 21 March 2008 and Supplemental Agreement dated 9 September 2008.

This announcement is dated 24 September 2008.

 

Announcement Info

Company Name MALAYAN BANKING BERHAD  
Stock Name MAYBANK    
Date Announced 24 Sept 2008  
Category General Announcement
Reference No CU-080924-58492