December 21, 2010

Company announcements: DRBHCOM-CC, UEMLAND, SUNRISE

DRBHCOM-CC - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Name: DRBHCOM-CC: CW DRB-HICOM BHD (CIMB)
Stock Name: DRBHCOM-CC
Date Announced: 21/12/2010

Announcement Detail:
Type: Announcement

Subject: CIMB BANK BERHAD ("CIMB BANK")

PROPOSED FURTHER ISSUE OF UP TO 50,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF DRB-HICOM BERHAD ("DRBHCOM") ("DRBHCOM-CC")

Contents: Reference is made to our announcements dated 15 October 2010 in relation to the offering of 50,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of RM1.00 each in DRB-Hicom Berhad ("DRBHCOM") ("Existing Issue") and 21 December 2010 in relation to the proposed to further issue of up to 50,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares of RM1.00 each in DRBHCOM ("Further Issue").

The purpose of the Further Issue is to facilitate the market making process of the Existing Issue. The Further Issue will form part of the Existing Issue and the terms and conditions of the Further Issue will be identical with the Existing Issue.

The Further Issue of DRBHCOM-CC is constituted by the Deed Poll dated 6 April 2010 and First Supplemental Deed Poll dated 15 June 2010 executed by us, as supplemented from time to time. The Further Issue of DRBHCOM-CC is subject to the terms and conditions of the Base Prospectus dated 7 May 2010, First Supplementary Base Prospectus dated 24 June 2010, Second Supplementary Base Prospectus dated 27 September 2010, Third Supplementary Base Prospectus dated 21 December 2010, the Existing Issue Term Sheet dated 15 October 2010 and the Further Issue Term Sheet dated 21 December 2010.

A summary of the principal terms of the Further Issue of DRBHCOM-CC is set out in Table 1.

This announcement is dated DRBHCOM-CC 2010.

Attachments: DRBHCOM-CC Further Issue - Table 101221.pdf


UEMLAND - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: UEM LAND HOLDINGS BERHAD
Stock Name: UEMLAND
Date Announced: 21/12/2010

Announcement Detail:
Type: Announcement

Subject: UEM LAND HOLDINGS BERHAD ("ULHB")

CONDITIONAL TAKE-OVER OFFER BY ULHB TO ACQUIRE ALL THE ORDINARY SHARES OF RM1.00 EACH IN SUNRISE BERHAD ("SUNRISE") (EXCLUDING TREASURY SHARES) NOT ALREADY OWNED BY ULHB ("OFFER SHARES") ("OFFER")

Contents: -

Attachments: Press Notice - Acceptance level.pdf


SUNRISE - General Announcement

Announcement Type: General Announcement
Company Name: SUNRISE BERHAD
Stock Name: SUNRISE
Date Announced: 21/12/2010

Announcement Detail:
Type: Announcement

Subject: Sunrise Berhad ("Sunrise" or "Company")
Conditional Take-Over Offer by UEM Land Holdings Berhad ("ULHB") to acquire all the ordinary shares of RM1.00 each in Sunrise (excluding treasury shares) not already owned by ULHB ("Offer Shares") ("Offer")

-Acceptances level and public shareholding spread requirement

Contents: We hereby announce that Sunrise has on 21 December 2010 received a press notice released by CIMB Investment Bank Berhad on behalf of ULHB in relation to the Offer.

The press notice is to inform the level of acceptances of the Offer as at 5:00 p.m. (Malaysian time) on 20 December 2010, in accordance with Section 25(1) of the Malaysian Code on Take-Overs and Mergers, 1998.

As set out in the press release, as at 5:00 p.m. (Malaysian time) on 20 December 2010, 390,513,778 Offer Shares have been transferred to ULHB's Central Depository System account, representing 78.83% of Sunrise's issued and paid-up share capital (excluding treasury shares). Accordingly, Sunrise does not comply with the public shareholding spread requirement pursuant to Paragraph 8.02 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") which stipulates that a listed issuer must ensure that at least 25% of its total listed shares (excluding treasury shares) are in the hands of public shareholders.

As set out in Section 4 of the offer document dated 25 November 2010 relating to the Offer, ULHB does not intend to maintain the listing status of Sunrise in the event Sunrise is unable to comply with the public shareholding spread requirement of Bursa Securities as a result of acceptances received pursuant to the Offer.

A copy of the press notice relating to the above is enclosed herewith.

Attachments: Press Notice.pdf



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