SBM
CAUTIONARY ANNOUNCEMENT
At meetings of the Board of Directors of SBM Holdings Ltd (SBMH) and SBM Bank (Mauritius) Ltd held on 03 April 2015, the respective boards agreed to make a conditional offer to purchase the assets and liabilities of Bramer Banking Corporation Ltd (in receivership) subject to a due diligence exercise being carried out on Bramer Banking Corporation Ltd and all regulatory approvals being obtained thereafter. Details of the proposed transaction will be communicated in due course.
Shareholders of SBMH are advised to exercise caution in dealing in the shares of SBMH.
By order of the Board 03 April 2015
This Cautionary Announcement is issued pursuant to Listing Rule 11.3. The Board of Directors of SBM Holdings Ltd and SBM Bank (Mauritius) Ltd accept full responsibility for the accuracy of the information contained in this Cautionary Announcement.
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