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Transactions (Chapter 10 Of Listing Requirements):Related Party Transactions

BackDec 10, 2013
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description MALAYSIA BUILDING SOCIETY BERHAD (“MBSB” OR “COMPANY”)

PROPOSED ACQUISITION BY MBSB TOWER SDN BHD (FORMERLY KNOWN AS 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”)

We refer to the previous announcements made by RHB Investment Bank, on behalf of the Board in relation to the Proposed Acquisition. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements in relation to the Proposed Acquisition.

On behalf of the Board, RHB Investment Bank wishes to announce that all conditions precedent to the SPA have been fulfilled on 10 December 2013, following the approval of the shareholders of the Company for the Proposed Acquisition which was obtained at an extraordinary general meeting convened on even date.

Accordingly, the SPA has become unconditional as at the date of this Announcement.


This announcement is dated 10 December 2013.

 


Announcement Info

Company Name MALAYSIA BUILDING SOCIETY BERHAD  
Stock Name MBSB    
Date Announced 10 Dec 2013  
Category General Announcement
Reference No MI-131210-65826