News

(Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as defined in the offer document relating to the Offer dated 23 July 2015 (“Offer Document”) which sets out the details, terms and condition of the Offer.)

We refer to the Company’s announcements dated 14 May 2015, 17 June 2015, 2 July 2015, 7 July 2015, 23 July 2015, 24 July 2015 and 12 August 2015 in relation to the Offer.

On behalf of Dayang, Maybank IB wishes to announce that the Offer has closed at 5.00 p.m. (Malaysian time) today, 13 August 2015 (“Closing Date”).

The level of acceptances of the Offer as at 5.00 p.m. (Malaysian time) on the Closing Date is set out in the attached press notice (“Press Notice”).

In view of the level of acceptances as at the Closing Date, a notice will be issued to the holders of PPB Shares who have not accepted the Offer in due course pursuant to Subsection 223(2) of the CMSA setting out, amongst others, the rights of minority shareholders to require the Offeror to acquire the PPB Shares held by them on the same terms as the Offer or such other terms as may be agreed or as the High Court, on an application made to it by the minority shareholders or by the Offeror, think fit to order.

This announcement is dated 13 August 2015.