Proposed Acquisition Of Phileo Allied Bank (Malaysia) Berhad, Phileo Allied Securities Sdn Bhd And Their Respective Subsidiary Companies ("Proposed Acquisition Of Phileo"): And- Proposed Acquisition Of The Banking Business Of The Pacific Bank Berhad ("Proposed Acquisition Of Pacific").

Dec 11, 2000 Back
Type Announcement
Subject MALAYAN BANKING BERHAD ("Maybank" or "the Company")
- Proposed Acquisition Of Phileo Allied Bank (Malaysia) Berhad, Phileo Allied Securities Sdn Bhd And Their Respective Subsidiary Companies ("Proposed Acquisition Of Phileo"): And
- Proposed Acquisition Of The Banking Business Of The Pacific Bank Berhad ("Proposed Acquisition Of Pacific").

Contents :

On behalf of Maybank, Aseambankers Malaysia Berhad ("Aseambankers") is pleased to announce that Maybank has received the approvals for both the Proposed Acquisition of Pacific and Proposed Acquisition of Phileo from the Foreign Investment Committee and the Bank Negara Malaysia, on behalf of the Minister of Finance, on 13 October 2000 and 9 December 2000, respectively.

 

 

Announcement Info

Company Name MALAYAN BANKING BERHAD  
Stock Name MAYBANK    
Date Announced 11 Dec 2000  
Category General Announcement
Reference No MM-001208-52408