|Subject||TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
|Description||MALAYSIA BUILDING SOCIETY BERHAD (“MBSB” OR “COMPANY”)
PROPOSED ACQUISITION BY AMBANG HARTAMAS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MBSB, OF A PROPOSED OFFICE BUILDING TO BE DEVELOPED FOR A TOTAL CASH CONSIDERATION OF RM239,236,750 (“PROPOSED ACQUISITION”)
On behalf of the Board of Directors of MBSB (“Board”), RHB Investment Bank Berhad (“RHB Investment Bank”) is pleased to announce that the Company had on 12 December 2012 acquired the entire issued and paid-up share capital of Ambang Hartamas Sdn Bhd (“Ambang Hartamas”) for a total cash consideration of RM2.00. Ambang Hartamas, which is now a wholly-owned subsidiary of MBSB will facilitate the Proposed Acquisition.
|Company Name||MALAYSIA BUILDING SOCIETY BERHAD|
|Date Announced||12 Dec 2012|