CORPORATE ANNOUNCEMENTS

General Announcement for PLC

Reference No: GA1-21122017-00033
 
Company Name : ECM LIBRA FINANCIAL GROUP BERHAD
Stock Name : ECM
Date Announced : 21/12/2017
Type : Announcement
Subject : MULTIPLE PROPOSALS
Description : ECM LIBRA FINANCIAL GROUP BERHAD ("ECMLFG")
(I) PROPOSED ACQUISITIONS FROM TPRE
(II) PROPOSED BANGUNAN ECM LIBRA DISPOSAL
(III) PROPOSED SEMI-D DISPOSAL
Announcement Details/Table Section :

Reference is made to ECMLFG's announcements on 4 May 2017, 21 June 2017, 3 July 2017, 8 August 2017, 30 August 2017 and 26 October 2017, 21 November 2017, 24 November 2017, 27 November 2017 and 12 December 2017 in relation to the Proposals ("Announcements"). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, CIMB is pleased to announce that as of to date:

(i) all conditions precedent of the TPRE SPA have been fulfilled and hence the TPRE SPA has become unconditional;

(ii) all conditions precedent of the Bangunan ECM Libra Disposal SPA have been fulfilled and hence the Bangunan ECM Libra Disposal SPA has become unconditional; and

(iii) all conditions precedent of the Semi-D Disposal SPA have been fulfilled and hence the Semi-D Disposal SPA has become unconditional.

This announcement is dated 21 December 2017.

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