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BackAug 18, 2017
Type Announcement
Subject OTHERS
Description

MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" OR THE "COMPANY") THE PROPOSED MERGER OF MALAYSIA BUILDING SOCIETY BERHAD ("MBSB") AND ASIAN FINANCE BANK BERHAD ("AFB") ("PROPOSED MERGER")

Reference is made to the Company’s announcements dated 21 December 2016 and 19 June 2017 in relation to the Proposed Merger.

The Board of Directors of MBSB wishes to announce that the Company has on 18 August 2017 received notification from Bank Negara Malaysia (“BNM”) vide its letter dated 18 August 2017, that the Minister of Finance has granted approval for the proposed acquisition by MBSB of 100% interest in the shares of AFB pursuant to the Islamic Financial Services Act 2013.

Further details will be announced upon the finalisation and execution of the definitive agreement.

This Announcement is dated 18 August 2017.





Announcement Info

Company Name MALAYSIA BUILDING SOCIETY BERHAD
Stock Name MBSB
Date Announced 18 Aug 2017
Category General Announcement for PLC
Reference Number GA1-18082017-00096