IOI (Malaysia): Demerger of IOI Properties Group (FTSE Bursa Malaysia Index Series)

IOI (Malaysia): Demerger of IOI Properties Group (Malaysia)
Changes in FTSE Bursa Malaysia Index Series

16 December 2013

Subject to the completion of a proposed distribution-in-specie of IOI Properties Group (unlisted) to the shareholders of IOI (Malaysia constituent) on the basis of 1 IOI Properties Group share for 3 IOI shares held, a capital repayment which is equivalent to the entitlement value of IOI Properties Group will be applied to IOI. Furthermore, FTSE and Bursa Malaysia announce the following changes:

INDEX CHANGE EFFECTIVE FROM
START OF TRADING

FTSE Bursa Malaysia KLCI IOI (1961, B1Y3WG1) will remain in the index with an unchanged shares in issue total of 6,413,529,000 and an unchanged investabilty weighting of 58%

IOI Properties Group (BH7JFJ2) will be added to the index with a shares in issue total of 2,137,843,000* and an investabilty weighting of 58%.
19 December 2013

FTSE Bursa Malaysia Hijrah Shariah Index IOI will remain in the index as detailed above.

IOI Properties Group will be added to the index as detailed above.
19 December 2013

FTSE Bursa Malaysia EMAS Shariah Index IOI will remain in the index as detailed above.

IOI Properties Group will be added to the index as detailed above.
19 December 2013

*The number of shares is based on the term of 1 IOI Properties Group share for every 3 IOI shares held.

Please note that IOI Properties Groups' ICB Classification will be 3573 (Farming & Fishing).

In addition to the distribution-in-specie mentioned above, IOI has announced a non-renounceable restricted offer for sale of shares in IOI Properties Group on the basis of 1 IOI Properties Group share for every 6 IOI shares held at MYR 1.76. FTSE expects to make no adjustment to IOI on the ex date for the non-renounceable restricted offer and will reflect any share changes in a secondary step in conjunction to FTSE Bursa Malaysia Index Series Ground Rule 5.6.

IOI Properties Group is expected to list in January 2014, therefore there will be 31 constituents in the FTSE Bursa Malaysia KLCI from 19 December 2013 until the listing of IOI Properties Group. After the close of business on the first day of listing of IOI Properties Group, index constituents of FTSE Bursa Malaysia KLCI will be ranked by full market capitalisation and the smallest constituents will be selected for deletion on T+2 basis, using prices as at the close of business. FTSE will further release a technical notice detailing any index changes, based on this ranking.

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