CBB Undertakes Selective Capital Reduction and Repayment Exercise under Section 116 of the Companies Act, 2016 (“SCR”)

KUALA LUMPUR, 3 October 2019 – CIMB Investment Bank Berhad announced that following the lodgement of the sealed Order on 20 September 2019 and the settlement of the offer price of the SCR.

This was made to the entitled shareholders of CBB (“Entitled Shareholders”) on 27 September 2019 through an electronic remittance to the eDividend accounts of the Entitled Shareholders duly registered with Bursa Malaysia Depository Sdn Bhd (“Bursa Depository”).

Another method was through remittance in the form of cheques dispatched by ordinary mail to the Entitled Shareholders (or their designated agents, as they may direct) at the Entitled Shareholders’ registered address last maintained with Bursa Depository,

The SCR was completed on 27 September 2019.