In accordance with Section 9(1) of the Capital Markets and Services (Price Stabilisation Mechanism) Regulations 2008, Maybank Investment Bank Berhad (“Maybank IB”), being the stabilising manager in respect of the IPO (“Stabilising Manager”), wishes to announce that:
(a) the Shares may be subject to stabilising action;
(b) up to an aggregate of 228,260,000 Shares are the subject of an over-allotment option granted to the Stabilising Manager, solely for purposes of covering over-allotments of the Shares in the IPO;
(c) the Stabilising Manager may buy up to 228,260,000 Shares to undertake the stabilising action; and
(d) the maximum period during which the Stabilising Manager may stabilise the price of the Shares shall be the earlier of:
(i) the date falling 30 days from the commencement of trading of the Shares on the Main Market of Bursa Securities; or
(ii) the date when the Stabilising Manager has bought, on the Main Market of Bursa Securities, an aggregate of 228,260,000 Shares, representing approximately 15.0% of the total number of Shares offered under the IPO.
A copy of Maybank IB’s letter dated 29 April 2015 to Bursa Securities relating to the above is attached herewith.
This announcement is dated 29 April 2015.