We refer to the above
subject matter.
In accordance with
Section 9(1) of the Capital Markets and Services (Price Stabilization
Mechanism) Regulations 2008, Maybank Investment Bank Berhad (“Maybank IB”), being the stabilizing
manager (“Stabilizing Manager”) in
respect of the Initial Public Offering, hereby announces that:
(a) the Shares may be
subject to stabilizing action;
(b) up to 38,460,000 Shares
are the subject of an over-allotment option granted to the Stabilizing Manager, solely for purposes of covering
over-allotments of the Shares in the Initial Public Offering;
(c) notwithstanding item (b) above, the
Stabilizing Manager requires and therefore has agreed to buy up to 36,500,000 Shares
only to undertake stabilizing action; and
(d) the final date on which the Stabilizing Manager may stabilize the price of the Shares
shall be the earlier of (i) 30 days from the commencement of trading of the Shares
on the Main Market of Bursa Securities; or (ii) the date when the Stabilizing
Manager has bought on the Main Market of Bursa Securities, an aggregate of 36,500,000
Shares representing approximately 8.97% of the total number of Shares
offered under the Initial Public Offering.
A copy of Maybank IB’s letter dated 16 July 2013 to Bursa Securities relating
to the above is attached herewith.
This Announcement is not for publication or distribution, directly or
indirectly in whole or in part, in or into the United States of America (“U.S.”) (including its territories and
possessions, any state of the U.S. and the District of Columbia). This
Announcement is not an offer for sale of the securities of Ranhill in the U.S.
or any other jurisdiction where it is unlawful to do so. The securities have
not been, and will not be, registered under the U.S. Securities Act of 1933, as
amended (the “U.S. Securities Act”),
and may not be offered, sold, pledged or transferred within or into the U.S.,
except pursuant to an exemption under the U.S. Securities Act. The securities
are being offered and sold to investors outside the U.S. in offshore
transactions in reliance upon Regulation S under the U.S. Securities Act.
This
Announcement is dated 16 July 2013.