January 13, 2015

Company announcements: RHBCAP, INSAS

RHBCAP - Reply to query

Announcement Type: General Announcement
Company NameRHB CAPITAL BERHAD  
Stock Name RHBCAP  
Date Announced13 Jan 2015  
CategoryGeneral Announcement
Reference NoMI-150113-64086

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDBL-150113-52875
SubjectReply to query
DescriptionArticle entitled: Mega bank merger off, announcement expected this week
Query Letter Contents We refer to the above article appearing in the The Edge Financial Daily, page
4, on Tuesday, 13 January 2015.

In particular, we would like to draw your attention to the underlined sentences
which are reproduced as follows:-

"The proposed mega merger of CIMB Group Holdings Berhad, RHB Capital Berhad and
Malaysia Building Society Berhad (MBSB) is off and an announcement is expected
before the end of the week..."

"The respective boards are supposed to meet on Wednesday (tomorrow) when it
will be formally expressed that the deal is off."

In accordance with Bursa Securities' Corporate Disclosure Policy, kindly
furnish Bursa Securities with an announcement for public release confirming or
denying the above reported article in particular the underlined sentences after
due and diligent enquiry with all the directors, major shareholders and all
such other persons reasonably familiar with the matters about which the
disclosure is to be made in this respect. In the event you deny the above
reported sentences or any other part of the article, you are required to set
forth facts sufficient to clarify any misleading aspects of the same. In the
event you confirm the above reported sentences or any other part of the
article, you are required to set forth facts sufficient to support the same.

Please furnish Bursa Securities with your reply immediately by today.


Yours faithfully




KHOO KAY KWAN
Senior Vice President, Issuers
Listing Division
Regulation

c.c:- General Manager and Head, Market Surveillance, Securities Commission
(via fax)

We refer to the query from Bursa Malaysia Securities Berhad (“Bursa Securities”) pertaining to an article published in The Edge Financial Daily, page 4 on Tuesday, 13 January 2015 titled “Mega bank merger off, announcement expected this week”.

On behalf of RHB Capital Berhad ("the Company"), RHB Investment Bank Berhad wishes to clarify that the Company is unable to provide further details pertaining to the current status of the said mega bank merger ("Proposed Merger") as the parties to the Proposed Merger are still in discussions. If and when there are any material development which warrant a disclosure, the Company would make the appropriate announcement on Bursa Securities.

This announcement is dated 13 January 2015.



INSAS - Rights Issue

Announcement Type: Entitlements (Notice of Book Closure)
Company NameINSAS BERHAD  
Stock Name INSAS  
Date Announced13 Jan 2015  
CategoryEntitlements (Notice of Book Closure)
Reference NoOS-150112-66702

EX-date23/01/2015
Entitlement date27/01/2015
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRENOUNCEABLE RIGHTS ISSUE OF UP TO 138,666,727 REDEEMABLE PREFERENCE SHARES OF RM0.01 EACH (“RPS”) IN INSAS BERHAD (“INSAS”) TOGETHER WITH UP TO 277,333,454 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RPS TOGETHER WITH TWO (2) WARRANTS FOR EVERY FIVE (5) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN INSAS, SUBSCRIBED AT 5.00 P.M. ON 27 JANUARY 2015 AT AN ISSUE PRICE OF RM1.00 PER RPS PAYABLE IN FULL UPON ACCEPTANCE (“RIGHTS ISSUE WITH WARRANTS”)
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noShareWorks Sdn Bhd
No. 2-1, Jalan Sri Hartamas 8
Sri Hartamas
50480 Kuala Lumpur
Tel: 03-6201 1120
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers27/01/2015 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)138666727 
Entitlement indicatorRatio
Ratio 1 : 5
Rights Issues/Offer Price 1

Remarks :
Shareholders' approval for the Rights Issue with Warrants was obtained on 3 November 2014.

The abridged prospectus together with the rights subscription form and the notice of provisional allotment (collectively referred to as “Documents”) in relation to the Rights Issue with Warrants will be despatched on 29 January 2015 to the entitled shareholders of Insas whose names appear on the Record of Depositors of Insas on 27 January 2015.

The Documents will not be registered under any legislation of any foreign jurisdiction, and the Rights Issue with Warrants will not be made or offered in any foreign jurisdiction. Accordingly, the Documents will not be sent to foreign entitled shareholders of Insas:

(i) who do not have a registered address in Malaysia in the Record of Depositors; or

(ii) who have not provided the Special Share Registrar (for the Rights Issue with Warrants) with a registered address in Malaysia in writing not later than 5.00 p.m. on 27 January 2015, being the entitlement date for the Rights Issue with Warrants.


This announcement is dated 13 January 2015.


INSAS - Important Relevant Dates for Renounceable Rights

Announcement Type: Important Relevant Dates for Renounceable Rights
Company NameINSAS BERHAD  
Stock Name INSAS  
Date Announced13 Jan 2015  
CategoryImportant Relevant Dates for Renounceable Rights
Reference NoOS-150113-31796

Title / DescriptionRENOUNCEABLE RIGHTS ISSUE OF UP TO 138,666,727 REDEEMABLE PREFERENCE SHARES OF RM0.01 EACH (“RPS”) IN INSAS BERHAD (“INSAS”) TOGETHER WITH UP TO 277,333,454 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RPS TOGETHER WITH TWO (2) WARRANTS FOR EVERY FIVE (5) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN INSAS, SUBSCRIBED AT 5.00 P.M. ON 27 JANUARY 2015 AT AN ISSUE PRICE OF RM1.00 PER RPS PAYABLE IN FULL UPON ACCEPTANCE (“RIGHTS ISSUE WITH WARRANTS”)
Despatch Date29/01/2015
Date for commencement of trading of the rights28/01/2015
Date for despatch of abridged prospectus and subscription forms29/01/2015
Date for cessation of trading of the rights06/02/2015
Date for announcement of final subscription result and basis of allotment of excess Rights Securities23/02/2015
Listing date of the Rights Securities03/03/2015

Last date and time forDateTime
Sale of provisional allotment of rights05/02/2015
at
05:00:00 PM
Transfer of provisional allotment of rights10/02/2015
at
04:00:00 PM
Acceptance and payment13/02/2015
at
05:00:00 PM
Excess share application and payment13/02/2015
at
05:00:00 PM

Rights Securities will be listed and quoted as the existing securities of the same class:
No 
To specify the entitlement that the holders of the Rights Securities will not be entitled to (if No):
The RPS holders are not entitled to any voting rights or participation in any rights, allotments and/or other distributions in Insas except in the following circumstances:-

(a) where the dividend or part of the dividend on the RPS has been declared but remains unpaid for more than six (6) months;

(b) on a proposal to reduce Insas' share capital;

(c) on a proposal for the disposal of the Insas group assets, business and undertakings in excess of 25% of the net assets of Insas group based on the last audited financial statements;

(d) upon any resolution which varies or is deemed to vary the rights and privileges attaching to the RPS;

(e) upon any resolution for the winding-up of Insas; and

(f) other circumstances as may be provided under law and applicable to preference shares and/or preference shareholders from time to time. 
Other important dates as the listed issuer may deem appropriate:
The last date and time for acceptance and payment as well as the last date and time for excess application and payment may be extended as the Board of Directors of Insas may decide and announce not less than 2 market days before the stipulated date and time.

This announcement is dated 13 January 2015. 


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