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BackFeb 07, 2018
Type Announcement
Subject OTHERS
Description

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

We refer to the earlier announcements in relation to the Proposed Merger. Unless otherwise stated, the terms used herein shall have the same meanings as defined in the said announcements in relation to the Proposed Merger.

 

On behalf of the Board, RHB Investment Bank and AmInvestment Bank wish to announce that the Proposed Acquisition has been completed today following the settlement by MBSB of the balance cash consideration of RM357,204,632.64 and the allotment of the Consideration Shares in accordance with the terms of the SPA.

 

Upon the listing of the Consideration Shares on 8 February 2018, an amount of RM24,805,877.14, representing the deposit paid on the portion of the Purchase Consideration settled via the Consideration Shares, will be refunded to MBSB.

 

 

This Announcement is dated 7 February 2018.





Announcement Info

Company Name MALAYSIA BUILDING SOCIETY BERHAD
Stock Name MBSB
Date Announced 07 Feb 2018
Category General Announcement for PLC
Reference Number GA1-07022018-00072