|Dear Sir / Madam,
Change of Account Number
We are pleased to inform that effective 1st August 2004, Hong Leong
Finance Berhad's ( HLF) business will be merged with Hong Leong Bank Berhad
( HLB) ( except for the Leasing business which will be transferred to Hong
Leong Leasing Sdn Bhd), pursuant to a Vesting Order granted by the High
Court. Henceforth, HLF's accounts ( except for Leasing ) will be operated
under HLB. Loans which are pegged against
HLF's Base Lending Rate ( BLR ) will be pegged against HLB's BLR which is
currently at 6.0% p.a.
Following the merger, HLB and HLF's systems will be integrated and
effective 9th August 2004, your existing HLF Account Number(s) will be duly
changed as detailed below. Kindly use the New Account number(s) for your
future transactions with Hong Leong Bank Berhad effective 9th August 2004.
All loan payments via cheques should be made payable to Hong Leong Bank
Please contact your branch should you require further clarification on
Thank you for your continuous support.
( This is a computer generated form and does not require
any signature )
peg - If a price or amount of
something is pegged at a particular
level, it is fixed at that level.