General Announcement::NOTICE TO CERTIFICATEHOLDERS

Issuer & Securities

Issuer/ Manager
CAHAYA CAPITAL LTD.
Securities
CAHAYACAP US$500M ETC 210918 - XS1107647155 - 15XB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
09-Jan-2015 10:58:23
Status
New
Announcement Sub Title
NOTICE TO CERTIFICATEHOLDERS
Announcement Reference
SG150109OTHRY4PL
Submitted By (Co./ Ind. Name)
Hafizuddin Sulaiman
Designation
Director, Khazanah Nasional Berhad
Effective Date and Time of the event
09/01/2015 15:00:00
Description (Please provide a detailed description of the event in the box below)
Adjustments made to Exchange Property in respect of the Exchangeable Trust Certificates due 2021 exchangeable into ordinary shares of RM1.00 each of Tenaga Nasional Berhad ( TNB ) ("TNB Shares") issued by Cahaya Capital Ltd. ("Cahaya") (the Certificates )

Khazanah Nasional Berhad ("Khazanah"), on behalf of Cahaya, gives notice to Certificateholders (pursuant to Condition 7(h) of the Conditions of the Certificates (the "Conditions")) of adjustments to be made to the Exchange Property pursuant to the payment of a Capital Distribution in the form of cash dividend by TNB, as further described below.

Final Single-tier Dividend
On 20 November 2014, TNB declared its final single-tier dividend of RM0.19 per TNB Share (the "Dividend") for its financial year ended 31 August 2014. The Dividend was paid on 31 December 2014.

Adjustment to Exchange Property
Pursuant to Condition 7(g)(2) of the Conditions of the Certificates, the Capital Distribution by way of a cash dividend payment by TNB of RM0.19 per TNB Share constitutes a Relevant Event and, accordingly, the cash attributable to the Exchange Property as a result of such Relevant Event, being RM21,228,436.28, shall be included as part of the Exchange Property. Consequently, the Exchange Property has been adjusted to 111,728,612 TNB Shares and RM21,228,436.28 in cash effective from 31 December 2014. The Exchange Ratio has been changed to 223.4572 TNB Shares and RM42.46 per US$1,000 in nominal value of the Certificates.

All capitalised terms not otherwise defined herein have the same meanings given to them in the Conditions.

This notice should be read in conjunction with TNB's announcement to Bursa Malaysia in respect of the final single-tier dividend dated 20 November 2014 and the Conditions set out in the Offering Circular dated 15 September 2014 relating to the Certificates.

Khazanah Nasional Berhad
9 January 2015

Attachments

e-Cahaya_Notice_AdjustmentExchangeProp 2014.pdf
Total size =89K