BRIEF: Al Rajhi Bank To Explore Merger Possibility Between Malaysia Unit And MIDF

AL RAJHI BANKING & INVESTMENT CORPORATION 1120.SE :

* ANNOUNCEMENT ON ENTRY INTO DISCUSSIONS TO EXPLORE THE POSSIBILITY OF A MERGER OF ONE OF ITS FULLY OWNED SUBSIDIARIES

* ENTERED INTO DISCUSSIONS TO EXPLORE POSSIBILITY OF MERGER BETWEEN ONE OF ITS UNIT, AL RAJHI BANKING & INVESTMENT CORPORATION (MALAYSIA) AND MALAYSIAN INDUSTRIAL DEVELOPMENT FINANCE BHD (MIDF)

* MERGER IS NOT EXPECTED TO HAVE A MATERIAL IMPACT ON THE BANK’S FINANCIAL STATEMENTS

Source text for Eikon: ID:nSSE7Y7Qyx Further company coverage: 1120.SE

((Reuters.Briefs@thomsonreuters.com;))