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Malaysia Building Society Berhad Acquires Ambang Hartamas Sdn Bhd

Wednesday, 12 Dec 2012 06:42am EST 

Malaysia Building Society Berhad (MBSB) announced that the Company had on December 12, 2012 acquired the entire issued and paid-up share capital of Ambang Hartamas Sdn Bhd (Ambang Hartamas) for a total cash consideration of MYR 2.00. Ambang Hartamas, which is becomes a wholly-owned subsidiary of MBSB, will facilitate the proposed acquisition of between 27 to 30 floors of strata office space of a proposed Grade A office building to be developed and identified as Tower 3 for a total cash consideration of MYR239,236,750.