General Announcement::NOTICE TO CERTIFICATEHOLDERS

Issuer & Securities

Issuer/ Manager
CINDAI CAPITAL LTD
Securities
CINDAI US$320.8M ETC230208 - XS1758433707 - 8HGB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
11-Feb-2022 21:37:58
Status
New
Announcement Sub Title
NOTICE TO CERTIFICATEHOLDERS
Announcement Reference
SG220211OTHRI8J9
Submitted By (Co./ Ind. Name)
Ng Eu Gin
Designation
SVP, Khazanah Nasional Berhad
Effective Date and Time of the event
11/02/2022 17:00:00
Description (Please provide a detailed description of the event in the box below)
Adjustments made to Exchange Property in respect of the Cash-Settled Exchangeable Trust Certificates due 2023 referencing H-shares of par value of RMB1.00 each of CITIC Securities Co. Ltd. ( CITIC ) ("CITIC Shares") issued by Cindai Capital Ltd ("Cindai") (the Certificates )

Pursuant to CITIC s announcement dated 14 January 2022 on The Stock Exchange of Hong Kong Limited ( HKSE ) in relation to, amongst others, the proposed rights issue of the CITIC Shares ( Proposed Rights Issue ), Khazanah Nasional Berhad ("Khazanah"), acting in its capacity as Wakeel, on behalf of Cindai gives notice to Certificateholders (pursuant to Condition 7(f)(i) of the Conditions of the Certificates (the "Conditions")) of the adjustments to be made to the Exchange Property in relation to the Proposed Rights Issue, as further described below.

Adjustment to Exchange Property

On 11 February 2022, Khazanah had successfully completed the sale of the rights, pursuant to the Proposed Rights Issue, attached to the CITIC Shares that form part of the Exchange Property. Pursuant to Condition 7(f)(i) of the Conditions of the Certificates, the Exchange Property shall be increased by HKD39,334,474.79 in cash, which is equivalent to the aggregate Realisable Value of rights attributable to the CITIC Shares. Consequently, the Exchange Property has been adjusted to 93,579,192 CITIC Shares and HKD218,160,170.40 in cash effective from 11 February 2022. The pro rata share of the Exchange Property attributable to each U.S.$1,000 Nominal Value of Certificates for the calculation of the Cash Settlement Amount has been revised to 294.5594 CITIC Shares and HKD686.70 in cash.

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

This notice should be read in conjunction with CITIC s announcement dated 14 January 2022 on the HKSE in respect of the Proposed Rights Issue and the Conditions set out in the Offering Circular dated 5 February 2018 relating to the Certificates.

Attachments

2022-02-11 Brie II_Announcement_Rights Issue_Cindai.pdf
Total size =112K