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2018
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Announcements

Date : 26 January 2001

ARTICLE ENTITLED : "MBf Finance gets injunction to stop three companies from issuing new credit cards"

AMMB HOLDINGS BERHAD

TypeReply to query
Reply to Query Letter by KLSE reference IDME-010119-53053
SubjectARTICLE ENTITLED :
"MBf Finance gets injunction to stop three companies from issuing new credit cards"

Contents :

We refer to our reply to the Kuala Lumpur Stock Exchange on 22 January 2001 in respect of the above article on The Edge Online on Friday, 19 January 2001 wherein it was mentioned that its two (2) banking subsidiaries, Arab-Malaysian Bank Berhad ("AMBB") and Arab-Malaysian Finance Berhad ("AMFB"), together with MBF Cards (Msia) Sdn Bhd ("MBF Cards") is finalising an agreement with MBf Finance Berhad.


AMMB Holdings Bhd is pleased to advise that the parties have reached an amicable agreement, and the injunction obtained by MBf Finance Berhad to restrain AMBB and AMFB from proceeding with its affiliation arrangement with MBF Cards to provide line of credit to holders of MasterCard credit cards issued by MBF Cards, has been set aside on 23 January 2001.



Announcement Info

Company NameAMMB HOLDINGS BERHAD  
Stock Name AMMB    
Date Announced26 Jan 2001  
CategoryGeneral Announcement
Reference NoAH-010126-2BED6

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