(Unless otherwise stated, the defined terms used in this announcement shall carry the same meaning as defined in the announcements on 3 March 2015 and 11 March 2015 in relation to the DRS)
Reference is made to the announcements dated 3 March 2015 and 11 March 2015 in relation to the DRS.
On behalf of the Board of Directors of CIMBGH, CIMB IB wishes to announce that the issue price of the new CIMBGH Shares to be issued pursuant to the DRS for the Second Interim Dividend has been fixed today at RM5.51 per share (Issue Price) (Price Fixing Date). The Issue Price represents a discount of approximately 5% to the theoretical ex-dividend price of RM5.80 per CIMBGH Share, which was arrived at after taking into consideration the following:
(i) 5 market day volume weighted average market price up to and including 16 March 2015, being the last trading day prior to the Price Fixing Date of approximately RM5.85 per CIMBGH Share; and
(ii) dividend per share of 5.00 sen per CIMBGH Share based on the number of issued and paid-up share capital of CIMBGH of 8,423,746,385 CIMBGH Shares as at 31 December 2014.
The entitlement date pursuant to the Second Interim Dividend and the DRS has been fixed for 31 March 2015.
Barring any unforeseen circumstances, the new CIMBGH Shares arising from the DRS will be listed on the Main Market of Bursa Securities on 29 April 2015.
This announcement is dated 17 March 2015.