MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" OR "COMPANY") PROPOSED MERGER OF MBSB AND BANK MUAMALAT MALAYSIA BERHAD ("BMMB") ("PROPOSED MERGER")
Reference is made to the announcements dated 1 October 2015, 23 December 2015 and 18 January 2016 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 after a series of discussions and negotiations, MBSB, DRB-HICOM Berhad and Khazanah Nasional Berhad have not been able to reach an agreement on the terms and conditions of the Proposed Merger. Accordingly, the parties have mutually agreed to end all discussions and not proceed with the Proposed Merger.
Attached herewith the press release.
This announcement is dated 2 February 2016.
Please refer attachment below.
|Company Name||MALAYSIA BUILDING SOCIETY BERHAD|
|Date Announced||02 Feb 2016|
|Category||General Announcement for PLC|