We refer to the announcements dated 8 August 2014 and 29 August 2014 in relation to the Proposed SCR.
On behalf of the Board of Directors of MAS (“Board”), CIMB wishes to announce that on 2 September 2014, the Board received a letter from Khazanah Nasional Berhad (“Khazanah”) nominating the appointment of Khazanah’s representative, Mohd Izani Ashari ("MIA"), to the Board of MAS as a non independent non-executive director.
The appointment of MIA is subject to the approval of the Board / Board Nomination and Remuneration Committee of MAS ("BNRC") and, resulting from the Proposed SCR, the Securities Commission Malaysia ("SC") pursuant to Section 13(1) of the Malaysian Code on Take-Overs and Mergers, 2010.
The BNRC has approved the appointment of MIA on 8 September 2014. An application for the SC's approval has been submitted accordingly.
This announcement is dated 9 September 2014.