Type | Announcement |
Subject | OTHERS |
Description | Extension of time to fulfil the mandatory sell down requirement for PT Bank International Indonesia Tbk (“BII”) to comply with the free float requirement of 20% of the issued and paid-up share capital of BII (“Sell Down Requirement”) |
We refer to the announcements dated 16 September 2008, 3 December 2010, 31 May 2011, 3 January 2012, 6 July 2012, 2 January 2013 and 20 June 2013 in relation to the Sell Down Requirement in respect of Malayan Banking Berhad (“Maybank”)’s stake in BII. Maybank wishes to announce that Maybank had, on 18 July 2013 received a letter dated 15 July 2013 from Otoritas Jasa Keuangan (“OJK”), wherein OJK has granted a further extension of time until 31 December 2013 for Maybank to fulfil the Sell Down Requirement. This announcement is dated 18 July 2013. |
Company Name | MALAYAN BANKING BERHAD |
Stock Name | MAYBANK |
Date Announced | 18 Jul 2013 |
Category | General Announcement |
Reference No | MB-130718-60410 |