| Type | Announcement |
| Subject | OTHERS |
| Description | MALAYAN BANKING BERHAD (“MAYBANK”) (I) ACQUISITION OF 858,499 ORDINARY SHARES OF SAUDI RIYAL (“SAR”) 10 EACH IN ANFAAL CAPITAL (“ANFAAL”) BY MAYBANK INVESTMENT BANK BERHAD (“MAYBANK IB”), A WHOLLY-OWNED SUBSIDIARY OF MAYBANK, REPRESENTING 17.17% OF THE ORDINARY SHARE CAPITAL OF ANFAAL; AND (II) ASSIGNMENT OF THE SUBORDINATED LOAN OF SAR2,070,000 FROM AL NUMU REAL ESTATE COMPANY (“AL NUMU”) TO MAYBANK IB ((I) AND (II) COLLECTIVELY REFERRED TO AS THE “CORPORATE EXERCISES” |
We refer to the Maybank’s announcements dated 10 April 2012, 3 October 2012, 31 December 2012, 1 April 2013 and 1 July 2013 (collectively, the “Announcements”), in relation to the Corporate Exercises. Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the Announcements. The Board of Directors of Maybank wishes to announce that all the conditions precedent in the SPA in relation to the Corporate Exercises had been fulfilled on 19 September 2013. As such, the Corporate Exercises have been completed on 30 September 2013, being the completion date agreed upon between Maybank IB, Al Numu and Anfaal in accordance with the terms of the SPA. This announcement is dated 30 September 2013. |
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| Company Name | MALAYAN BANKING BERHAD |
| Stock Name | MAYBANK |
| Date Announced | 30 Sept 2013 |
| Category | General Announcement |
| Reference No | MB-130927-34517 |