December 13, 2017 / 1:52 PM / 2 years ago

BRIEF-Malayan Banking Bhd Says Unit MAMG To Buy 100 Pct Stake In Amanah Mutual Bhd For 16.1 Mln Rgt

Dec 13 (Reuters) - Malayan Banking Bhd:

* UNIT MAMG ENTERS DEAL WITH AMANAH SAHAM NASIONAL TO BUY 100% STAKE IN AMANAH MUTUAL BERHAD FOR 16.12 MILLION RGT

* UNTI ENTERED CONDITIONAL SPA WITH PNB INTERNATIONAL FOR PROPOSED ACQUISITION SUTL FOR CASH CONSIDERATION OF 34.88 MILLION RGT

* UNIT ENTERS SHARE SUBSCRIPTION AGREEMENT WITH ‍PERMODALAN NASIONAL​‍​ FOR SUBSCRIPTION BY PNB OF 8.3 MILLION SHARES IN UNIT FOR 50 MILLION RGT​ Source text : (bit.ly/2AjG1n5) Further company coverage:

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