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MBSB (1171)

Proposed Acquisition By Malaysia Building Society Berhad ("MBSB" Or The "COMPANY") Of 100% Equity Interest In Malaysian Industrial Development Finance Berhad ("MIDF") From Permodalan Nasional Berhad ("PNB" Or "VENDOR") For A Final Purchase Consideration Of RM1,014,295,048.55 To Be Satisfied Via The Issuance And Allotment Of 1,050,828,629 New Ordinary Shares In MBSB ("FINAL CONSIDERATION SHARE(S)") At An Issue Price Of RM0.9652 (ROUNDED TO 4 DECIMAL POINTS FOR DISCLOSURE PURPOSES) Per Final Consideration Share ("PROPOSED ACQUISITION")

BackJul 12, 2023
Subject PROPOSED ACQUISITION BY MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" OR THE "COMPANY") OF 100% EQUITY INTEREST IN MALAYSIAN INDUSTRIAL DEVELOPMENT FINANCE BERHAD ("MIDF") FROM PERMODALAN NASIONAL BERHAD ("PNB" OR "VENDOR") FOR A FINAL PURCHASE CONSIDERATION OF RM1,014,295,048.55 TO BE SATISFIED VIA THE ISSUANCE AND ALLOTMENT OF 1,050,828,629 NEW ORDINARY SHARES IN MBSB ("FINAL CONSIDERATION SHARE(S)") AT AN ISSUE PRICE OF RM0.9652 (ROUNDED TO 4 DECIMAL POINTS FOR DISCLOSURE PURPOSES) PER FINAL CONSIDERATION SHARE ("PROPOSED ACQUISITION")

 

Please refer attachment below.


Announcement Info

Company Name MALAYSIA BUILDING SOCIETY BERHAD
Stock Name MBSB
Date Announced 12 Jul 2023
Category Document Submission
Reference Number DCS-12072023-00006

Attachments

  1. MBSB_-_Circular_(12.7.2023).pdf (Size: 2,945,996 bytes)