THIS NOTICE IS IMPORTANT REQUIRES YOUR IMMEDIATE ATTENTION. THIS THIS NOTICE NOTICE IS IMPORTANT IS IMPORTANT REQUIRES REQUIRES YOUR YOUR IMMEDIATE IMMEDIATE ATTENTION. ATTENTION. IF THIS YOU NOTICE ARE IN IS IMPORTANT ANY DOUBT AS REQUIRES TO THE COURSE YOUR IMMEDIATE OF ACTION ATTENTION. TO BE TAKEN, YOU SHOULD IF YOU CONSULT IF YOU ARE YOUR ARE IN ANY IN STOCKBROKER, ANY DOUBT DOUBT AS AS TO BANK TO THE THE COURSE MANAGER, COURSE OF SOLICITOR, OF ACTION ACTION TO TO BE ACCOUNTANT BE TAKEN, TAKEN, YOU OR YOU SHOULD OTHER SHOULD CONSULT PROFESSIONAL IF CONSULT YOU ARE YOUR YOUR IN STOCKBROKER, ADVISERS ANY STOCKBROKER, DOUBT IMMEDIATELY. AS BANK TO BANK THE MANAGER, COURSE MANAGER, OF SOLICITOR, ACTION SOLICITOR, ACCOUNTANT BE ACCOUNTANT TAKEN, YOU OR OR OTHER SHOULD OTHER PROFESSIONAL CONSULT PROFESSIONAL YOUR ADVISERS ADVISERS STOCKBROKER, IMMEDIATELY. IMMEDIATELY. BANK MANAGER, SOLICITOR, ACCOUNTANT OR OTHER Bursa PROFESSIONAL Malaysia Securities ADVISERS Berhad IMMEDIATELY. has only conducted limited review on the contents of this Notice. Bursa Bursa Malaysia Bursa Malaysia Malaysia Securities Securities Securities Berhad Berhad takes Berhad has no has only responsibility only conducted conducted limited for limited review the review on the contents the contents of contents of this this Notice, of this Notice. makes Notice. Bursa Bursa no Malaysia representation Bursa Malaysia Malaysia Securities Securities as to Securities Berhad its accuracy Berhad Berhad takes or takes completeness has no no only responsibility responsibility conducted for and expressly limited for the review the contents disclaims contents the of any contents liability of this this Notice, whatsoever of Notice, this Notice. makes makes for Bursa no any no representation loss Malaysia representation howsoever Securities as to arising as its to from Berhad accuracy its accuracy or in takes or completeness reliance or no completeness upon responsibility and the whole and expressly or expressly for any the disclaims part contents of disclaims any the contents any of liability this liability whatsoever of this Notice, Notice. whatsoever makes for any for no any loss representation loss howsoever howsoever arising as arising to its from accuracy from or in or reliance in or reliance completeness upon upon the the whole and whole expressly or any or any part disclaims part of the of the contents any contents liability of this of whatsoever this Notice. Notice. for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Notice. MALTON BERHAD (320888-T) (Incorporated MALTON in Malaysia MALTON BERHAD under BERHAD the (320888-T) Companies (320888-T) Act, 1965) (Incorporated (Incorporated in MALTON Malaysia in Malaysia BERHAD under under the the Companies (320888-T) Companies Act, Act, 1965) 1965) (Incorporated in Malaysia under the Companies Act, 1965) NOTICE NOTICE TO TO HOLDERS HOLDERS OF OF NOTICE TO HOLDERS OF 7-YEAR 7-YEAR 6% 6% REDEEMABLE REDEEMABLE CONVERTIBLE CONVERTIBLE SECURED SECURED LOAN LOAN STOCKS STOCKS ( 2011/2018 ( 2011/2018 RCSLS ) RCSLS ) 7-YEAR 6% REDEEMABLE CONVERTIBLE SECURED LOAN STOCKS ( 2011/2018 RCSLS ) (STOCK (STOCK SHORT SHORT NAME: NAME: MALTON-LA) MALTON-LA) (STOCK (STOCK (STOCK SHORT CODE: NAME: CODE: 6181LA) MALTON-LA) 6181LA) (STOCK CODE: 6181LA) IN RELATION IN RELATION TO TO IN RELATION TO THE THE THIRD THIRD REDEMPTION REDEMPTION CANCELLATION CANCELLATION OF OF TWENTY TWENTY PER PER CENT CENT (20%) (20%) THE THIRD OF OF THE REDEMPTION THE NOMINAL NOMINAL VALUE VALUE CANCELLATION OF OF 2011/2018 2011/2018 RCSLS OF RCSLS TWENTY ON ON A BASIS PER A BASIS CENT (20%) OF BASED THE BASED NOMINAL ON ON THE THE VALUE OUTSTING OUTSTING OF 2011/2018 2011/2018 2011/2018 RCSLS RCSLS ON RCSLS A BASIS BASED ON THE OUTSTING 2011/2018 RCSLS NOTICE NOTICE OF OF BOOK BOOK CLOSURE CLOSURE DATE DATE NOTICE OF BOOK CLOSURE DATE IMPORTANT IMPORTANT RELEVANT RELEVANT DATES: DATES: IMPORTANT RELEVANT DATES: Last IMPORTANT Last date date and and time RELEVANT time for trading for trading of 2011/2018 DATES: of 2011/2018 RCSLS RCSLS : Thursday, : Thursday, 23 June 23 June 2016 2016 at 5.00 at 5.00 p.m. p.m. Last date and time for trading of 2011/2018 RCSLS : Thursday, 23 June 2016 at 5.00 p.m. Date Last Date and date and time and time of suspension time of for suspension of 2011/2018 trading of 2011/2018 of 2011/2018 RCSLS RCSLS RCSLS : Friday, : : Thursday, Friday, 24 June 24 23 June 2016 June 2016 at 9.00 2016 at at 9.00 a.m. 5.00 a.m. p.m. Date and time of suspension of 2011/2018 RCSLS : Friday, 24 June 2016 at 9.00 a.m. Book Date Book closure and closure date time date and of suspension and time time : Thursday, of 2011/2018 RCSLS : : Friday, Thursday, 30 June 24 June 30 June 2016 2016 2016 at 5.00 at 9.00 at a.m. 5.00 p.m. p.m. Book closure date and time : Thursday, 30 June 2016 at 5.00 p.m. Payment Book Payment date closure date : Tuesday, date and time : : Thursday, Tuesday, 12 July 30 12 June July 2016 2016 at 5.00 p.m. Payment date : Tuesday, 12 July 2016 Payment date : Tuesday, 12 July 2016 This This Notice Notice is dated is dated 14 June 14 June 2016 2016 This Notice is dated 14 June 2016
DEFINITIONS For the purpose of this Notice, except where the context otherwise requires, the following definitions shall apply throughout this Notice. 2011/2018 RCSLS : The 7-year 6% Redeemable Convertible Secured Loan Stocks of aggregate nominal value of RM139,341,169 issued by Malton on 1 July 2011, of which the outstanding amount stood at RM96,252,924 as at 31 May 2016 (being the latest practicable date prior to the printing of this Notice) Act : Securities Industry (Central Depositories) Act, 1991 Board : Board of Directors of Malton Book Closure Date : 30 June 2016, at 5.00 p.m. being the book closure date to determine the entitlements of the RCSLS Holders to the Redemption Bursa Depository : Bursa Malaysia Depository Sdn Bhd (165570-W) Bursa Securities : Bursa Malaysia Securities Berhad (635998-W) CDS : Central Depository System Malton or Company : Malton Berhad (320888-T) RCSLS Holders or Holders : Persons whose names appear in the Record of Depositors for the 2011/2018 RCSLS Record of Depositors A record of securities holders established by Bursa Depository pursuant to the rules of Bursa Depository Redemption : The third redemption and cancellation of twenty per cent (20%) of the nominal value of 2011/2018 RCSLS by the Company on a basis based on the outstanding 2011/2018 RCSLS held by the RCSLS Holders as at the Book Closure Date RM : Ringgit Malaysia, the lawful currency of Malaysia Supplementary Trust Deed : The supplementary trust deed dated 20 January 2014, a variation of the Trust Deed, entered into between Malton and the Trustee Trust Deed : The trust deed dated 27 May 2011 entered into between Malton and the Trustee constituting the 2011/2018 RCSLS Trustee : Maybank Trustees Berhad (5004-P) [The rest of this page is intentionally left blank] i
TABLE OF CONTENTS SECTION PAGE 1. Notice of Book Closure 2 2. Date and Time of Suspension of Trading and Quotation of 2011/2018 RCSLS on the Official List of Bursa Securities 2 3. Payment of Redemption Amount 2 4. Contact Details for Enquiries 2 5. Directors Responsibility Statement 2 [The rest of this page is intentionally left blank] ii
MALTON BERHAD (320888-T) (Incorporated in Malaysia) Registered Office: 19-0, Level 19, Pavilion Tower 75, Jalan Raja Chulan 50200 Kuala Lumpur 14 June 2016 Board of Directors Tan Sri Lim Siew Choon (Executive Chairman) Guido Paul Philip Joseph Ravelli (Deputy Chairman/Independent Non-Executive Director) Lim Siew Fai (Managing Director) Puan Sri Tan Kewi Yong (Executive Director) Chua Thian Teck (Executive Director) Hong Lay Chuan (Executive Director) Hj Ahmad Bin Hj Ismail, PJK (Independent Non-Executive Director) Tan Peng Sheung (Independent Non-Executive Director) To: The RCSLS Holders Dear Sir/Madam, NOTICE TO THE RCSLS HOLDERS IN RELATION TO THE THIRD REDEMPTION CANCELLATION OF TWENTY PER CENT (20%) OF THE NOMINAL VALUE OF 2011/2018 RCSLS NOTICE OF BOOK CLOSURE DATE ON 30 JUNE 2016 NOTICE IS HEREBY GIVEN THAT pursuant to the terms and conditions stipulated in the Trust Deed and Supplementary Trust Deed constituting all the 2011/2018 RCSLS, Malton shall undertake the Redemption in the same and direct proportion of the 2011/2018 RCSLS holdings of Entitled Holders (defined below in Section 1) based on the outstanding 2011/2018 RCSLS in issue as at Book Closure Date. Pursuant to the Redemption, twenty per cent (20%) of the nominal value of 2011/2018 RCSLS so redeemed by the Company on a basis based on the outstanding 2011/2018 RCSLS, shall be immediately cancelled and the amount of 2011/2018 RCSLS held by the Entitled Holders (defined below in Section 1) as at the Book Closure Date shall be correspondingly reduced by twenty per cent (20%) and debited from their respective securities accounts. Based on the outstanding 2011/2018 RCSLS which stood at RM96,252,924 as at 31 May 2016 and pursuant to the terms and conditions of the Trust Deed and Supplementary Trust Deed, the redemption amount shall be as follows:- Redemption amount = Outstanding 2011/2018 RCSLS x Redemption percentage for the year Total remaining redemption percentage as per the redemption schedule in the Trust Deed inclusive of redemption percentage for the year = RM96,252,924 x 20% 75% * = RM25,667,446 * Total remaining redemption percentage after the total redemption and cancellation of 25% for the first and second redemptions made in 2014 and 2015 respectively All RCSLS Holders are therefore advised to carefully read the contents of this Notice and take note of the procedures set out below. 1
1. NOTICE OF BOOK CLOSURE The RCSLS Holders whose names appear in the Record of Depositors of the Company at the close of business at 5.00 p.m. on 30 June 2016 shall be entitled to the Redemption ( Entitled Holders ). The entitlement of the RCSLS Holders to the Redemption shall only be in respect of the following: (i) 2011/2018 RCSLS bought on or before 23 June 2016 at 5.00 p.m., being the last day of trading of the 2011/2018 RCSLS according to the rules of Bursa Depository; and (ii) 2011/2018 RCSLS transferred into the depositor s securities account before 4.00 p.m. on 30 June 2016 in respect of transfer. For purposes of the Redemption, all 2011/2018 RCSLS so redeemed by the Company shall be debited from the respective securities accounts of the Entitled Holders and duly cancelled. As Malton is a prescribed counter under the CDS pursuant to Section 14(1) of the Act, all dealings in the securities of Malton, including the 2011/2018 RCSLS, are and will be carried out in accordance with the said Act and rules of Bursa Depository. 2. DATE TIME OF SUSPENSION OF TRADING QUOTATION OF 2011/2018 RCSLS ON THE OFFICIAL LIST OF BURSA SECURITIES The trading of the 2011/2018 RCSLS will be suspended with effect from 9.00 a.m. on Friday, 24 June 2016, being three (3) clear market days immediately before the Book Closure Date. Thus, the last day and time of trading will be 5.00 p.m. on Thursday, 23 June 2016. The suspension of trading is to facilitate the Redemption and thereafter an application for re-quotation of the 2011/2018 RCSLS on Bursa Securities shall be made at a later date. 3. PAYMENT OF REDEMPTION AMOUNT The Redemption will be effected by way of direct credit into the respective bank accounts that are maintained in the CDS accounts of the Entitled Holders and cheque payment, which will be made on Tuesday, 12 July 2016 and despatched to the Entitled Holders at addresses according to the Record of Depositors for the 2011/2018 RCSLS by ordinary post at the risk of the Entitled Holders. 4. CONTACT DETAILS FOR ENQUIRIES All enquiries concerning this Notice should be addressed to the Company s Registrar at the following address: ShareWorks Sdn Bhd (229948-U) No. 2-1, Jalan Sri Hartamas 8, Sri Hartamas 50480 Kuala Lumpur, Malaysia Tel : +603-6201 1120 Fax : +603-6201 3121 5. DIRECTORS RESPONSIBILITY STATEMENT This Notice has been seen and approved by the Directors of the Company and they collectively and individually accept full responsibility for the accuracy of the information given in this Notice and confirm that after making all reasonable enquiries and, to the best of their knowledge and belief, there are no other facts, the omission of which would make any statement herein misleading. THE ATTENTION OF RCSLS HOLDERS IS DRAWN TO THE TERMS CONDITIONS AS CONTAINED IN THE TRUST DEED SUPPLEMENTARY TRUST DEED. BY ORDER OF THE BOARD HOR SHIOW JEI (MAICSA 7023954) Company Secretary 14 June 2016 2