General Announcement

30/06/2004

CIMB BERHAD - SUBSCRIPTION OF 12,893,825 NEW ORDINARY SHARES OF RM1.00 EACH IN C.I. HOLDINGS BERHAD ("CIH") ("CIH SHARES") TOGETHER WITH 12,893,825 FREE NEW DETACHABLE WARRANTS ("WARRANTS") BY COMMERCE INTERNATIONAL MERCHANT BANKERS BERHAD ("CIMB"), A WHOLLY-OWNED SUBSIDIARY OF CIMB BERHAD

CIMB BERHAD

Type

Announcement
SubjectCIMB BERHAD - SUBSCRIPTION OF 12,893,825 NEW ORDINARY SHARES OF RM1.00 EACH IN C.I. HOLDINGS BERHAD ("CIH") ("CIH SHARES") TOGETHER WITH 12,893,825 FREE NEW DETACHABLE WARRANTS ("WARRANTS") BY COMMERCE INTERNATIONAL MERCHANT BANKERS BERHAD ("CIMB"), A WHOLLY-OWNED SUBSIDIARY OF CIMB BERHAD

Contents :

CIMB Berhad wishes to announce that pursuant to an Underwriting Agreement dated 30 March 2004 in relation to CIHs renounceable rights issue, CIMB has subscribed for 12,893,825 CIH Shares or 9.95% of the issued and paid-up share capital of CIH together with 12,893,825 Warrants for an amount of RM12,893,825. Accordingly, CIMB has become a substantial shareholder of CIH with effect from 24 June 2004.


This announcement is dated 30 June 2004.


Announcement Info

Company NameCIMB BERHAD  
Stock Name CIMB
Date Announced30 Jun 2004  
CategoryGeneral Announcement
Reference NoCC-040630-60366

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