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 PMETAL

The PMETAL-C27 is constituted by the Deed Poll dated 30 April 2018 executed by us, as supplemented from time to time. The PMETAL-C27 is subject to the terms and conditions of the Base Prospectus dated 8 May 2018, the First Supplementary Base Prospectus dated 7 December 2018 and the Second Supplementary Base Prospectus dated 22 February 2019 and the Term Sheet for the PMETAL-C27 dated 7 March 2019.

The PMETAL-C27 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the PMETAL-C27 is set out in Table 1.

This announcement is dated 7 March 2019.