OTHERS MALAYAN BANKING BERHAD ("MAYBANK")
- SUBSTANTIAL SHAREHOLDINGS IN ALAM MARITIM RESOURCES BERHAD ("AMRB")
MALAYAN BANKING BERHAD
Type
Announcement
Subject
OTHERS
Description
MALAYAN BANKING BERHAD ("MAYBANK")
- SUBSTANTIAL SHAREHOLDINGS IN ALAM MARITIM RESOURCES BERHAD ("AMRB")
Further to the announcement dated 2 September 2025 in relation to the issuance of shares in AMRB to Maybank and Maybank Islamic Berhad ("MIB"), a wholly-owned subsidiary of Maybank, pursuant to a Scheme of Arrangement under Section 366 of the Companies Act, 2016 ("Settlement Shares"), whereby Maybank's direct and indirect shareholdings (through MIB) in AMRB were 19.16%, the Board of Directors of Maybank wishes to announce that Maybank and MIB have disposed of all the Settlement Shares on 19 March 2026. Details of the disposal are as follows:
No. of Shares Disposed by Maybank
No. of Shares Disposed by MIB
No. of
Ordinary Shares
% of
Issued Shares
No. of
Ordinary Shares
% of
Issued Shares
5,567,706
1.25
79,811,560
17.91
Following the above disposal, Maybank has ceased to be a substantial shareholder of AMRB pursuant to Section 136 of the Companies Act, 2016.