Merger with The Rock Building Society
On Monday 28 November 2011 The Rock shareholders approved the merger with MyState Limited to create one of Australia's leading listed community-focused financial services group.
With approximately 98.5% of the votes cast at the scheme meeting in favour, the merger of The Rock and MyState realises the ambitions of both MyState and The Rock to expand the scale of their operations geographically, to secure growth opportunities and to secure economies of scale available to the enlarged entity. The proposed merger is still subject to court approval at a hearing to be held on 1 December 2011.