| Type | Announcement |
| Subject | Acquisition of 2 ordinary shares of RM1.00 each in Cekap Mentari Berhad representing the entire issued and paid-up share capital for a cash consideration of RM2.00 |
| Contents | The Board of Directors of Malayan Banking Berhad ("Maybank" or "Company") wishes to announce that Bank Negara Malaysia had on 28 May 2008 given its approval to Maybank on the following: - (i) issuance of Non-Innovative Tier-1 Capital Securities by Maybank of up to RM3.5 billion in nominal value (“NIT1 Capital”); and (ii) establishment of a wholly-owned subsidiary (in connection with the NIT1 Capital) pursuant to Section 29 of the Banking and Financial Institution Act 1989. Pursuant thereto, the Company had on 30 May 2008, acquired Cekap Mentari Berhad (“CMB”) in relation to the NIT1 Capital. CMB has an authorised share capital of RM100,000 comprising 100,000 ordinary shares of RM1.00 each and an issued and paid-up share capital of RM 2.00 comprising 2 ordinary shares of RM 1.00 each. This announcement is dated 4 June 2008. |
| Company Name | MALAYAN BANKING BERHAD |
| Stock Name | MAYBANK |
| Date Announced | 4 Jun 2008 |
| Category | General Announcement |
| Reference No | CU-080604-67429 |