| Type | Announcement |
| Subject | Malayan Banking Berhad (“Maybank”) Proposed acquisition by Maybank of up to 100% of the issued and paid-up share capital of Sorak Financial Holdings Pte. Ltd. (“Sorak”) for a total cash consideration of approximately Indonesian Rupiah (“Rp”)13.9 trillion or the equivalent of approximately RM4.8 billion (“Proposed Acquisition”) |
| Contents | (Unless stated otherwise, definitions used in this announcement shall carry the same meaning as defined in the announcement dated 26 March 2008). We refer to the announcement dated 26 March 2008 in relation to the Proposed Acquisition. On behalf of the Board of Directors of Maybank, Aseambankers Malaysia Berhad is pleased to announce that Kookmin Bank (“KB”) has executed the Deed of Adherence which forms part of the SSA wherein KB has agreed to the sale of its 1,422,216 shares in Sorak to Maybank in accordance with the terms of the SSA. This announcement is dated 7 April 2008. |
| Company Name | MALAYAN BANKING BERHAD |
| Stock Name | MAYBANK |
| Date Announced | 7 Apr 2008 |
| Category | General Announcement |
| Reference No | CU-080407-63767 |