|Description||MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" OR "THE COMPANY")
PROPOSED DISPOSAL OF 3,970,635 ORDINARY SHARES OF RM1.00 EACH IN GADINI SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF THE COMPANY, TO KEN HOLDINGS BERHAD FOR A TOTAL CASH PROCEEDS OF RM56,171,399 ("TOTAL CASH PROCEEDS") ("PROPOSED DISPOSAL")
With reference to the Company's announcement made on 18 July 2012 in respect of the proposal disposal of 3,970,635 ordinary shares of RM1.00 each in Gadini Sdn Bhd, a wholly owned subsidiary of the Company, to Ken Holdings Berhad, the Board of Directors of MBSB wishes to announce that the Proposal Disposal has been completed on 14 November 2012.
This announcement is dated 14 November 2012.
|Company Name||MALAYSIA BUILDING SOCIETY BERHAD|
|Date Announced||14 Nov 2012|