We are pleased to announce the proposed issue by CIMB Bank of up to 50,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares in MBSB

The MBSB-C28 is constituted by the Deed Poll dated 7 May 2019 executed by us, as supplemented from time to time. The MBSB-C28 is subject to the terms and conditions of the Base Prospectus dated 9 May 2019, the First Supplementary Base Prospectus dated 12 September 2019 and the Second Supplementary Base Prospectus dated 10 January 2020 and the Term Sheet for the MBSB-C28 dated 4 February 2020.

The MBSB-C28 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the MBSB-C28 is set out in Table 1.

This announcement is dated 4 February 2020.