News

We refer to the announcements dated 20 February 2014 and 12 March 2014 in relation to the Proposed Bonus Issue. All abbreviations herein shall have the same meanings as those used in the abovementioned announcements unless stated otherwise.

On behalf of Prestariang, CIMB Investment Bank Berhad (“CIMB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 20 March 2014, approved the application for the listing of and quotation for 220,000,000 Bonus Shares to be issued pursuant to the Proposed Bonus Issue, subject to the following conditions:

(i)             Prestariang and CIMB must fully comply with the relevant provisions under the Main Market Listing Requirements (“Main Market LR”) pertaining to the implementation of the Proposed Bonus Issue;

(ii)            Prestariang and CIMB to inform Bursa Securities upon completion of the Proposed Bonus Issue;

(iii)           Prestariang to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Bonus Issue is completed;

(iv)          Prestariang and CIMB are required to make the relevant announcements pursuant to paragraph 6.35(2)(a)&(b) and 6.35(4) of the Main Market LR; and

(v)           CIMB to submit relevant confirmation letters as required in section 4 of Annexure PN28-B of the Main Market LR prior to announcing the books closing date for the Proposed Bonus Issue.

This announcement is dated 20 March 2014.