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MBSB (1171)

Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions

BackOct 02, 2023
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

MALAYSIA BUILDING SOCIETY BERHAD

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") ("PROPOSED ACQUISITION")

 

This announcement is dated 2 October 2023.

 

Reference is made to the Company’s announcements on 6 April 2022, 22 April 2022, 30 September 2022, 5 October 2022, 21 October 2022, 10 November 2022, 14 April 2023, 9 June 2023, 13 June 2023, 23 June 2023, 11 July 2023, 27 July 2023 and 30 August 2023 in relation to the Proposed Acquisition (“Earlier Announcements”).

 

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

 

On behalf of the Board, AmInvestment Bank wishes to announce that the 1,050,828,629 Final Consideration Shares has been allotted to PNB today, which marks the completion of the Proposed Acquisition.

 

The Final Consideration Shares will be listed on the Main Market of Bursa Securities on 3 October 2023.

 

Please refer attachment below.

 


Announcement Info

Company Name MALAYSIA BUILDING SOCIETY BERHAD
Stock Name MBSB
Date Announced 02 Oct 2023
Category General Announcement for PLC
Reference Number GA1-02102023-00028

Attachments

  1. Final_and_Approved_Media_Release__Finalisation_of_MIDF_Acquisition.pdf (Size: 118,866 bytes)