General Announcement for PLC

06/04/2022

OTHERS BANK NEGARA MALAYSIA (BNM) APPROVAL TO COMMENCE NEGOTIATIONS BETWEEN MALAYSIA BUILDING SOCIETY BERHAD (MBSB) AND PERMODALAN NASIONAL BERHAD (PNB)

MALAYSIA BUILDING SOCIETY BERHAD

Type Announcement
Subject OTHERS
Description 
BANK NEGARA MALAYSIA (BNM) APPROVAL TO COMMENCE NEGOTIATIONS BETWEEN MALAYSIA BUILDING SOCIETY BERHAD (MBSB) AND PERMODALAN NASIONAL BERHAD (PNB)

On behalf of our Board of Directors (“Board”), we are pleased to announce that Bank Negara Malaysia (“BNM”) had vide its letter dated 6 April 2022, stated that it has no objection for MBSB to enter into discussions with PNB to explore the possibility of undertaking an acquisition of the 100% shareholding in Malaysian Industrial Development Finance Berhad (“MIDF”) which is held by PNB (“Proposed Transaction”). BNM’s approval is valid for a period of 6 months from the date of its letter.


Further details on the Proposed Transaction will be announced in due course.

 

This announcement is dated 6 April 2022.



Announcement Info

Company Name MALAYSIA BUILDING SOCIETY BERHAD
Stock Name MBSB
Date Announced 06 Apr 2022
Category General Announcement for PLC
Reference Number GA1-06042022-00030


Related Announcements for MBSB
Date Title
04/07/2022 WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR MEMBERS' VOLUNTARY WINDING-UP OF A SUBSIDIARY
09/06/2022 OTHERS CHANGE IN COMPOSITION OF BOARD OF DIRECTORS IN MBSB BANK BERHAD ("MBSB BANK"), A WHOLLY-OWNED SUBSIDIARY OF MALAYSIA BUILDING SOCIETY BERHAD ("MBSB")
22/04/2022 OTHERS EXCLUSIVITY AGREEMENT BETWEEN MALAYSIA BUILDING SOCIETY BERHAD (MBSB) AND PERMODALAN NASIONAL BERHAD (PNB)
17/12/2021 OTHERS MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" OR "THE COMPANY") PROPOSED SINGLE-TIER INTERIM CASH DIVIDEND FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2021
25/10/2021 WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR MEMBERS' VOLUNTARY WINDING-UP OF A SUBSIDIARY
15/08/2021 OTHERS THE DEMISE OF DATUK SERI AHMAD ZAINI OTHMAN, GROUP PRESIDENT AND CHIEF EXECUTIVE OFFICER OF MALAYSIA BUILDING SOCIETY BERHAD AND ITS GROUP OF COMPANIES; AND THE APPOINTMENT OF DATUK NOR AZAM M. TAIB AS THE ACTING GROUP PRESIDENT AND CHIEF EXECUTIVE OFFICER OF MALAYSIA BUILDING SOCIETY BERHAD AND ITS GROUP OF COMPANIES.
02/08/2021 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES DIVIDEND REINVESTMENT PLAN APPLICABLE TO THE FINAL DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 ("DRP")
02/08/2021 DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS DURING CLOSED PERIOD
27/07/2021 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES DIVIDEND REINVESTMENT PLAN APPLICABLE TO THE FINAL DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 ("DRP")
05/07/2021 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES DIVIDEND REINVESTMENT PLAN APPLICABLE TO THE FINAL DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 ("DRP")