Friday 15 June 2012

FELDA GLOBAL VENTURES HOLDINGS BERHAD


Following the completion of the bookbuilding process under the Institutional Offering on 13 June 2012, on behalf of FGVH, CIMB and Maybank IB wish to announce that the Institutional Price and the Final Retail Price have been fixed, as set out below:



Institutional Price: RM4.55
Final Retail Price(1): RM4.45



Note:

(1) The lower of the Retail Price of RM4.55 per Share and 98% of the Institutional Price.



Applicants under the Retail Offering should note that the Retail Price was paid for applications under the Retail Offering. As the Final Retail Price of RM4.45 per Share is lower than the Retail Price, a refund of the difference of RM0.10 per Share shall be made without any interest thereon. The refund in the form of cheques will be despatched by ordinary post to the address maintained with Bursa Depository for application made via Application Form or by crediting into the successful applicant’s account with the Participating Financial Institution for application made via the Electronic Share Application or by crediting into the successful applicant’s account with the Internet Participating Financial Institution for application made via Internet Share Application, within 10 Market Days from 15 June 2012, at the successful applicant’s own risk. 

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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)        the maximum period during 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 109,445,000 Shares representing up to approximately 5.0% of the total number of Shares offered under the Initial Public Offering;

(c)        up to 109,445,000 Shares are the subject of an over-allotment option, solely for purposes of covering over-allotments of the Shares in the Initial Public Offering; and

(d)        the Stabilizing Manager may buy up to 109,445,000 Shares to undertake stabilizing action.

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