Proposed acquisition of 51% equity interest in PT Bank Permata Tbk ("Bank Permata") in the Republic of Indonesia ("Proposed Acquisition of Bank Permata")

Oct 11, 2004 Back
Type Announcement
Subject Malayan Banking Berhad ("Maybank")
Proposed acquisition of 51% equity interest in PT Bank Permata Tbk ("Bank Permata") in the Republic of Indonesia ("Proposed Acquisition of Bank Permata")

Contents :

Further to the announcements dated 1 and 6 September 2004, Aseambankers Malaysia Berhad announces, on behalf of Maybank, that the Maybank-led consortium (comprising Maybank, Khazanah Nasional Berhad and PT Jaminan Sosial Tenaga Kerja (Persero) (collectively referred as the "Consortium")) had on 7 October 2004 submitted to PT Perusahaan Pengelola Aset (Persero) (“PPA”), its final and binding bid package in relation to the Proposed Acquisition of Bank Permata.

In accordance with the relevant sales process, PPA had on 8 October 2004 announced the preferred bidder. In this regard, we announce that the Maybank-led Consortium has not been successful in its bid for the Proposed Acquisition of Bank Permata.

 

Announcement Info

Company Name MALAYAN BANKING BERHAD  
Stock Name MAYBANK    
Date Announced 11 Oct 2004  
Category General Announcement
Reference No CU-041008-60723