Malaysian Building Society Berhad received its shareholder’s approval on the acquisition of MIDF from PNB for RM1.01 billion after the bank had its EGM on the matter.
The Board of Directors announced that the shareholders of the company had approved the resolution as set out in the Notice of Extraordinary General Meeting dated 12 July 2023 at the EGM of the Company held on 27 July 2023. The resolution was voted by poll and results of the poll were validated by Coopers Professional Scrutineers Sdn Bhd, the independent scrutineer appointed by the Company.
A total of 656 voted for while 105 voted against.
