Why is Maybank moving its headquarters to Merdeka 118?

Question

## Maybank is moving its headquarters to Merdeka 118 mainly to gain naming and signage rights while reducing costs and disruption risks tied to its current headquarters

Accepted Answer

Maybank is relocating its headquarters to Merdeka 118 next year after searching for a new head office since 2019 and evaluating several options. The tenancy at the 118-storey tower gives Maybank naming and signage rights over the world’s second-tallest building, improving visibility as Malaysia’s largest bank by asset size. The move also helps Maybank save on maintaining Menara Maybank, avoiding temporary relocation expenses during refurbishment, and reducing the chance of service disruptions.

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Why is Maybank moving its headquarters to Merdeka 118?

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