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BackJan 18, 2016
Type Announcement
Subject OTHERS
Description
MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" OR "COMPANY")

COMMENCEMENT OF NEGOTIATIONS AMONG MBSB, DRB-HICOM BERHAD ("DRB") AND KHAZANAH NASIONAL BERHAD ("KHAZANAH") FOR A PROPOSED MERGER OF MBSB AND BANK MUAMALAT MALAYSIA BERHAD ("BMMB") ("PROPOSED MERGER")

Reference is made to the announcements dated 1 October 2015 and 23 December 2015 in relation to the Proposed Merger (“Announcements”).

 

Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Announcements.

 

On behalf of the Board of Directors of MBSB, AmInvestment Bank Berhad wishes to announce that Bank Negara Malaysia (“BNM”) has vide its letter dated 15 January 2016 (which was received today) stated that it has no objection to MBSB’s application for the extension of time until 2 February 2016 to conclude the negotiations with DRB and Khazanah for the Proposed Merger and to submit the formal application to BNM.

 

Further announcements will be made as and when there are material developments pertaining to the Proposed Merger.

 

This announcement is dated 18 January 2016.





Announcement Info

Company Name MALAYSIA BUILDING SOCIETY BERHAD
Stock Name MBSB
Date Announced 18 Jan 2016
Category General Announcement for PLC
Reference Number GA1-18012016-00071