DISCLOSURE OF DEALINGS IN ACCORDANCE WITH RULE 19 OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS ISSUED BY THE SECURITIES COMMISSION MALAYSIA ("RULES")
Reference is made to the announcements dated 5 October 2020, 15 October 2020, 27 October 2020 and 28 October 2020 in relation to the Proposal (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
Pursuant to Rule 19.04 of the Rules, AmInvestment Bank Berhad, on behalf of UEM Sunrise, wishes to announce that the Company had on 2 November 2020 received notifications from UEMG and Khazanah Nasional Berhad (“Khazanah”) that both UEMG and Khazanah have dealt in the ordinary shares of UEM Sunrise on 30 October 2020 arising from the mandatory conversion of 669,175,335 redeemable convertible preference shares (“RCPS”) held by UEMG into 521,040,184 ordinary shares of UEM Sunrise, details of which are as follows:-
| Name |
Date of transaction |
Nature of transaction |
Type of securities |
No of shares |
Price per share (RM) |
| UEMG |
30 October 2020 |
Mandatory conversion of RCPS |
Ordinary shares |
521,040,184 |
1.2331 |
| Khazanah |
30 October 2020 |
Deemed to have interest pursuant to Section 8 of the Companies Act 2016 through its wholly-owned subsidiary, UEMG which in turn is a substantial shareholder of UEM Sunrise |
Ordinary shares |
521,040,184 |
1.2331 |
This announcement is dated 2 November 2020.