Monday, June 30, 2008

Maybank and MCB Bank shares

Maybank and MCB Bank shares

Maybank of Malaysia has finally acquired 15% MCB Bank shares and remitted a total of S$667m to Pakistan. The confirmation of acquisition of 15% MCB shares was sent to KSE. The deal was finalized on May 5. According to SBP, the deal amount worth US$667m was remitted to
Pakistan on June 23.

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