UP MALAYSIA | Corporate Actions

Corporate Action Event	Type	CGS MY Action
Cash dividend	Mandatory	CGS MY will credit the proceeds of any cash dividend into the Account.
Dividend reinvestment plan (DRIP)	Voluntary	Default action is for cash dividend only. CGS MY will credit any dividends from such Investment Products in cash into the Account.
Stock consolidation (Reverse stock split)	Mandatory	CGS MY will adjust the quantity of any Investment Product that is subject to a stock consolidation, accordingly, rounding down to the nearest 0.00001 unit.
Stock split	Mandatory	CGS MY will adjust the quantity of any Investment Product that is subject to a stock split accordingly, rounding down to the nearest 0.00001 unit.
Bonus issue	Mandatory	CGS MY will adjust the quantity of any Investment Product that is subject to a bonus issue accordingly, rounding down to the nearest 0.00001 unit. CGS MY will sell any tradable spin-off shares (i.e., new /different share) and distribute the proceeds from such sales in cash into the Account. If the offer comprises non-tradable securities, CGS MY will credit such non-tradable securities into the Account.
Exchange offer	Voluntary	CGS MY will decline any exchange offer of securities. However, in the event the securities will be delisted after the offer event, CGS MY may exercise its discretion to accept the exchange offer, and thereafter sell and credit the proceeds from such sales in cash into the Account. In the event that cash is offered in respect of the Investment Product, CGS MY will accept the offer and credit the proceeds into the Account.
Cash offer, tender offer, takeover offer, exit offer and purchase offer	Voluntary / Mandatory	CGS MY will credit the proceeds of any cash offer into the Account. The Client will NOT be entitled to take up any tender offer, takeover offer, exit offer and purchase offer for any Investment Product held in the Account. In the event the offer is in cash, CGS MY has the discretion to accept the offer and credit the proceeds into the Account. However, in the event of a compulsory acquisition, CGS MY will credit the proceeds into the Account. If the offer comprises non-tradable securities, CGS MY will credit such non-tradable securities into the Account.
Spin-offs (similar to bonus issue but given a different share / warrant)	Mandatory	CGS MY will sell any spin-off shares (i.e., new /different share/warrant) and distribute the proceeds from such sales in cash into the Account. If the spin-off Investment Product is a non-tradable security, CGS MY will credit such non-tradable security into the Account.
Rights Issue/ Rights Exercise	Voluntary	Rights issue shall not be limited to ordinary shares but shall also include warrants, loan stocks, preference rights of shares and any other Investment Products offered by a company. CGS MY will NOT exercise any right to subscribe to any Investment Product under a rights issue/rights exercise. For renounceable rights issue/rights exercise, to the extent that there are interested buyers, CGS MY will renounce the rights that accrue to the Client to subscribe to the Investment Product and sell such entitlements and thereafter distribute the proceeds of such sale in cash into the Account. CGS MY shall not be liable for any unmatched sell order after the end of the relevant trading period, where such entitlements will be forfeited. For non-renounceable rights issue/rights exercise, if such exercise is permitted under the law, CGS MY will NOT take any action.
Odd lot offer	Voluntary	CGS MY will NOT take any action.
Voting	Voluntary	The Client shall NOT have the right to vote.
Delisting	Mandatory	The Client will have to sell the shares before the delisting date. Any positions after the delisting date will be removed. The Client will not be able to keep the shares.
Other corporate actions Mergers/acquisition	Mandatory	In the event that cash is offered in respect of the Investment Product, CGS MY has the discretion to accept the offer and credit the cash into the Account. In the event that tradable shares are offered in respect of the Investment Product, CGS MY has the discretion to accept the offer and thereafter sell any share entitlements and distribute the proceeds of such sale in cash into the Account. In the event that non-tradable shares are offered in respect of the Investment Product, CGS MY will credit such non-tradable securities into the Account.

Cash dividend

Mandatory

CGS MY will credit the proceeds of any cash dividend into the Account.

Dividend reinvestment plan (DRIP)

Voluntary

Default action is for cash dividend only. CGS MY will credit any dividends from such Investment Products in cash into the Account.

Stock consolidation (Reverse stock split)

Mandatory

CGS MY will adjust the quantity of any Investment Product that is subject to a stock consolidation, accordingly, rounding down to the nearest 0.00001 unit.

Stock split

Mandatory

CGS MY will adjust the quantity of any Investment Product that is subject to a stock split accordingly, rounding down to the nearest 0.00001 unit.

Bonus issue

Mandatory

CGS MY will adjust the quantity of any Investment Product that is subject to a bonus issue accordingly, rounding down to the nearest 0.00001 unit.

CGS MY will sell any tradable spin-off shares (i.e., new /different share) and distribute the proceeds from such sales in cash into the Account.

If the offer comprises non-tradable securities, CGS MY will credit such non-tradable securities into the Account.

Exchange offer

Voluntary

CGS MY will decline any exchange offer of securities. However, in the event the securities will be delisted after the offer event, CGS MY may exercise its discretion to accept the exchange offer, and thereafter sell and credit the proceeds from such sales in cash into the Account.

In the event that cash is offered in respect of the Investment Product, CGS MY will accept the offer and credit the proceeds into the Account.

Cash offer, tender offer, takeover offer, exit offer and purchase offer

Voluntary / Mandatory

CGS MY will credit the proceeds of any cash offer into the Account.

The Client will NOT be entitled to take up any tender offer, takeover offer, exit offer and purchase offer for any Investment Product held in the Account. In the event the offer is in cash, CGS MY has the discretion to accept the offer and credit the proceeds into the Account. However, in the event of a compulsory acquisition, CGS MY will credit the proceeds into the Account.

If the offer comprises non-tradable securities, CGS MY will credit such non-tradable securities into the Account.

Spin-offs (similar to bonus issue but given a different share / warrant)

Mandatory

CGS MY will sell any spin-off shares (i.e., new /different share/warrant) and distribute the proceeds from such sales in cash into the Account.

If the spin-off Investment Product is a non-tradable security, CGS MY will credit such non-tradable security into the Account.

Rights Issue/ Rights Exercise

Voluntary

Rights issue shall not be limited to ordinary shares but shall also include warrants, loan stocks, preference rights of shares and any other Investment Products offered by a company.

CGS MY will NOT exercise any right to subscribe to any Investment Product under a rights issue/rights exercise.

For renounceable rights issue/rights exercise, to the extent that there are interested buyers, CGS MY will renounce the rights that accrue to the Client to subscribe to the Investment Product and sell such entitlements and thereafter distribute the proceeds of such sale in cash into the Account. CGS MY shall not be liable for any unmatched sell order after the end of the relevant trading period, where such entitlements will be forfeited.

For non-renounceable rights issue/rights exercise, if such exercise is permitted under the law, CGS MY will NOT take any action.

Odd lot offer

Voluntary

CGS MY will NOT take any action.

Voting

Voluntary

The Client shall NOT have the right to vote.

Delisting

Mandatory

The Client will have to sell the shares before the delisting date. Any positions after the delisting date will be removed. The Client will not be able to keep the shares.

Other corporate actions
Mergers/acquisition

Mandatory

In the event that cash is offered in respect of the Investment Product, CGS MY has the discretion to accept the offer and credit the cash into the Account.

In the event that tradable shares are offered in respect of the Investment Product, CGS MY has the discretion to accept the offer and thereafter sell any share entitlements and distribute the proceeds of such sale in cash into the Account.

In the event that non-tradable shares are offered in respect of the Investment Product, CGS MY will credit such non-tradable securities into the Account.