General Announcement
01/03/2004CIMB BERHAD PROPOSED ACQUISITION BY CIMB BERHAD OF 40,003,120 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 100% ORDINARY EQUITY INTEREST IN CIMB SHARETECH SDN BHD FROM CIMB SECURITIES SDN BHD FOR A CASH CONSIDERATION OF RM47.8 MILLION (PROPOSED ACQUISITION)
CIMB BERHAD |
Type | Announcement |
Subject | CIMB BERHAD PROPOSED ACQUISITION BY CIMB BERHAD OF 40,003,120 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 100% ORDINARY EQUITY INTEREST IN CIMB SHARETECH SDN BHD FROM CIMB SECURITIES SDN BHD FOR A CASH CONSIDERATION OF RM47.8 MILLION (PROPOSED ACQUISITION) |
Contents :
We refer to our announcement on behalf of CIMB Berhad dated 6 January 2004 in relation to the Proposed Acquisition and are pleased to announce that CIMB Berhad had, on 26 February 2004, received a letter of approval dated 24 February 2004 in respect of the Proposed Acquisition from the Foreign Investment Committee. The Proposed Acquisition is no longer conditional upon the approval of any other regulatory authority and is now pending implementation.Announcement Info
Company Name | CIMB BERHAD |
Stock Name | CIMB |
Date Announced | 1 Mar 2004 |
Category | General Announcement |
Reference No | MM-040301-59147 |
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