General Announcement

23/10/2000

ACQUISITION OF SHELF COMPANY

MALAYSIA BUILDING SOCIETY BERHAD

TypeAnnouncement
SubjectACQUISITION OF SHELF COMPANY

Contents :

The Directors of Malaysia Building Society Bhd ("MBSB") are pleased to announce that the Company has on 23rd October 2000 acquired a shelf company, namely, Maxroute Sdn Bhd ("MSB").


MSB was incorporated in Malaysia under the Companies Act, 1965 on October 11, 2000 as a private limited company. It has an authorised share capital of RM100,000 comprising 100,000 ordinary shares of RM1.00 each of which 2 ordinary shares of RM1.00 each have been issued and fully paid up. The Company was purchased for a consideration sum of RM2,300.00.

The acquisition of MSB has no effect on the earnings per share and net tangible assets per share of the Company. The Directors and substantial shareholders have no interest direct or indirect in the transaction.

There are no immediate benefits which are expected to accrue to the Company as a result of the transaction. The Company is acquired for the purpose of acquisition of land and development.


Announcement Info

Company NameMALAYSIA BUILDING SOCIETY BERHAD  
Stock Name MBSB
Date Announced23 Oct 2000  
CategoryGeneral Announcement
Reference NoMB-001023-61456

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