Malaysian Building Society Bank has received a no-objection letter from the Central Bank on its proposal to acquire MIDF from Permodalan Nasional Berhad.
MBSB has shared its interest in the possibility of undertaking an acquisition of the 100% shareholding in Malaysian Industrial Development Finance Berhad (“MIDF”) which is held by PNB
BNM’s had included that the approval is valid for a period of 6 months from the date of its letter which is listed as today.