Cases & Deals

CIMB Investment Bank Berhad and Credit Suisse complete block trade of shares in Tune Ins Holdings Berhad

Clients CIMB Investment Bank Berhad and Credit Suisse (Singapore) Limited

Jones Day represented CIMB Investment Bank Berhad and Credit Suisse (Singapore) Limited in a Regulation S and Rule 144A block trade of 85 million shares in Tune Ins Holdings Berhad, an insurance holding company, sold by CIMB SI II Sdn Berhad and associates (as to 42.5 million shares) and Tune Group Sdn Berhad and associates (as to 42.5 million shares) at a total aggregate value of approximately US$58.3 million (a price of RM 2.20 per share).

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