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CIMB-PRINCIPAL ASIAN EQUITY FUND UNAUDITED FINANCIAL STATEMENTS FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 31 DECEMBER 2017

CIMB-PRINCIPAL ASIAN EQUITY FUND

CONTENTS PAGE(S) INVESTORS' LETTER 1 MANAGER'S REPORT 2 - 7

Fund Objective and Policy Performance Data Market Review Fund Performance Portfolio Structure Market Outlook Investment Strategy Unit Holdings Statistics Soft Commissions and Rebates

STATEMENT BY MANAGER 8 TRUSTEE'S REPORT 9 UNAUDITED STATEMENT OF COMPREHENSIVE INCOME 10 UNAUDITED STATEMENT OF FINANCIAL POSITION 11 UNAUDITED STATEMENT OF CHANGES IN EQUITY 12 UNAUDITED STATEMENT OF CASH FLOWS 13 NOTES TO THE FINANCIAL STATEMENTS 14 - 40 DIRECTORY 41 LIST OF CWA (an Agency force of CIMB-Principal) OFFICES 42 - 46


1

INVESTORS' LETTER Dear Valued Investors, Thank you for your continued support and for the confidence that you have placed in us. We are pleased to share that CIMB-Principal Asset Management Berhad ("CIMB-Principal") Malaysia concluded the 2nd Half of 2017 with RM51 billion in Asset under Management (“AUM”). CIMB-Principal’s Group AUM increased by 11% to RM68 billion, for 1-year period ending 31 December 2017. Our AUM for Private Retirement Scheme ("PRS") business increased by 51% year-on-year ("y-o-y") to RM517 million as at 31 December 2017. We continue to achieve prestigious recognitions from The Edge | Thomson Reuters Lipper Fund Awards: The Edge| Thomson Reuters Lipper Malaysia Fund Awards 2017

• Best Equity Global, 3 years & 5 years : CIMB-Principal Global Titans Fund

• Best Equity Asia Pacific Ex-Japan, 5 years : CIMB-Principal Asian Equity Fund

• Best Equity Asia Pacific Ex-Japan - Malaysia Islamic, 5 years : CIMB Islamic Asia Pacific Equity Fund

Thomson Reuters Lipper Fund Award Global Islamic 2017

• Best Equity Asia Pacific Ex-Japan (Islamic), Best Fund over 5 years : CIMB Islamic Asia Pacific Equity Fund

These awards reflect our consistent fund performance, in tandem with our commitment to provide the best customer experience to you. CIMB-Principal was also awarded Fund House of the Year in Malaysia by AsianInvestor for the Asset Management Awards 2017, its second consecutive win and The Employees' Provident Fund ("EPF") External Portfolio Managers Awards 2017 for the Best Global Bond Portfolio Manager. These industry recognitions reflect our success in scaling up our investment capabilities while building a solid track record and earning the trust of our clients over time. Thank you. Yours faithfully, for CIMB-Principal Asset Management Berhad

Munirah Khairuddin Chief Executive Officer


2

MANAGER’S REPORT FUND OBJECTIVE AND POLICY What is the investment objective of the Fund? The Fund aims to seek capital growth by investing primarily in equities and equity related instruments in the Asia ex Japan. Has the Fund achieved its objective? Yes. It has met its objective of capital appreciation over the medium to long term. What are the Fund investment policy and principal investment strategy? The Fund aims to achieve capital growth by investing primarily in equity securities of companies domiciled in, listed in, and/or have significant operations in Asia ex Japan. ‘Significant operations’ means major businesses of the company. For example, the Fund can invest in a company with significant business/operations in Thailand but listed on the New York Stock Exchange ("NYSE"). The threshold for ‘significant operations’ would be if more than 30% of total group revenue derives from countries in Asia ex Japan. The calculation would be based on the most recent financial reports released by the companies (e.g. interim and annual reports). The Fund may also invest in instruments issued by companies incorporated in the Asia ex Japan but listed or traded on exchanges outside Asia ex Japan. Under normal market conditions, the Fund will invest primarily in common stocks. The Fund may seek investment opportunities in other types of transferable securities, including fixed income securities as well as collective investment schemes that is in line with the objective of the Fund subject to the requirement of the Securities Commission Malaysia ("SC") Guidelines. The Asia ex Japan includes but is not limited to the following countries: Hong Kong Special Administrative Region ("SAR"), India, Indonesia, Korea, the People’s Republic of China, Pakistan, the Philippines, Singapore, Sri Lanka, Taiwan, Malaysia and Thailand. The investments of the Fund in the foreign markets are in accordance to the SC Guidelines. The Fund will invest between 70% to 99.5% (both inclusive) of the Fund's Net Asset Value ("NAV") in equity securities in Asia ex Japan, up to 28% of the Fund's NAV in other permissible investments and at least 0.5% of the Fund's NAV in liquid assets. CIMB-Principal has appointed CIMB-Principal Asset Management (S) Pte Ltd ("CIMB-Principal (S)"), a company incorporated in Singapore, as the Sub-Manager of the Fund. CIMB-Principal (S) will be responsible for investing and managing the Fund in accordance with the investment objective and within the investment restrictions. Fund category/type Equity/Growth How long should you invest for? Recommended five (5) years or more Indication of short-term risk (low, moderate, high) High When was the Fund launched? 1 March 2006 What was the size of the Fund as at 31 December 2017? RM70.66 million (80.03 million units) What is the Fund’s benchmark? Morgan Stanley Capital International ("MSCI") All Country ("MSCI AC") Asia ex Japan Index


3

FUND OBJECTIVE AND POLICY (CONTINUED) What is the Fund distribution policy? The Manager has the discretion to distribute part or all of the Fund’s distributable income. The distribution (if any) may vary from period to period depending on the investment objective and the performance of the Fund. What was the net income distribution for the six months financial period ended 31 December 2017? There was no distribution made for the six months financial period ended 31 December 2017. PERFORMANCE DATA Details of portfolio composition of the Fund for the last three financial periods are as follows: 31.12.2017 31.12.2016 31.12.2015 % % % Collective investment schemes 3.17 1.87 - Quoted securities - Basic Materials 3.33 5.25 - - Consumer Products 26.94 24.28 22.11 - Energy 3.84 5.95 5.25 - Finance 26.82 26.26 31.10 - Health Care - 0.68 1.62 - Industrials 16.03 8.88 9.52 - Real Estate Investment Trust ("REIT") - 1.38 2.51 - Technology 8.41 12.53 5.47 - Telecommunications 0.64 1.37 11.49 - Utilities - - 5.50 Cash and other net assets 10.82 11.55 5.43 100.00 100.00 100.00

Performance details of the Fund for the last three financial periods are as follows:

31.12.2017 31.12.2016 31.12.2015

NAV (RM Million) 70.66 45.76 39.36

Units in circulation (Million) 80.03 67.58 61.16

NAV per unit (RM) 0.8829 0.6771 0.6434

01.07.2017 to

31.12.2017

01.07.2016 to

31.12.2016

01.07.2015 to

31.12.2015

Highest NAV per unit (RM) 0.9081 0.7021 0.6812

Lowest NAV per unit (RM) 0.7790 0.6137 0.6213

Total return (%) 12.44 9.65 (4.11)

- Capital growth (%) 12.44 9.65 (4.11)

- Income distribution (%) - - -

Management Expense Ratio (“MER”) (%) ^ 1.10 1.21 1.18

Portfolio Turnover Ratio (“PTR”) (times) # 0.34 0.43 0.57 ^ The Fund's MER decreased from 1.21% to 1.10% due to the increase in average NAV. # The PTR was decreased from 0.43 times to 0.34 times due to the lower volatility in the stock

markets.


4

PERFORMANCE DATA (CONTINUED)

31.12.2017 31.12.2016 31.12.2015 31.12.2014 31.12.2013

% % % % %

Annual total return 30.44 5.06 9.46 19.12 16.47

(Launch date: 1 March 2006)

Performance data is not necessarily indicative of future performance and that unit prices and investment returns may go down, as well as up. All performance figures for the financial period have been extracted from Lipper.

MARKET REVIEW (1 JULY 2017 TO 31 DECEMBER 2017) For the financial period under review, the Asian Pacific ex Japan equities rallied strongly on the back of a recovering synchronised global economy and the still highly accommodative policies of the global Central Banks. Earnings estimates were revised up gradually over the period which has supported a stock market rally during the period. The rally in the stock markets in Asia was led by the technology, consumer discretionary and other cyclical sectors. These were the sectors which has seen a strong upwards revision in earnings estimates. On a country basis, China and other North Asian countries led the rally. China’s stronger than expected economic growth supported the positive sentiment while Taiwan and Korea saw strong growth in their technology sectors. FUND PERFORMANCE

6 months to

31.12.2017

1 year to 31.12.2017

3 years to 31.12.2017

5 years to 31.12.2017

Since inception

to 31.12.2017

% % % % % Income - - - - - Capital 12.44 30.44 50.00 108.11 88.12 Total Return 12.44 30.44 50.00 108.11 88.12 Benchmark 7.56 25.14 46.49 72.39 77.35 Average Total Return N/A 30.44 14.47 15.79 5.48

The Fund has outperformed the benchmark both in the short-term and in the long-term.


5

FUND PERFORMANCE (CONTINUED)

Changes in NAV

31.12.2017 31.12.2016 Changes

%

NAV (RM Million) 70.66 45.76 54.41

NAV/Unit (RM) 0.8829 0.6771 30.39 The NAV of the Fund has risen as a result of the stronger stock market return and an inflow of fresh funds. Performance data represents the combined income and capital return as a result of holding units in the Fund for the specified length of time, based on NAV to NAV price. The performance data assumes that all earnings from the Fund are reinvested and are net of management and trustee fees. Past performance is not reflective of future performance and income distributions are not guaranteed. Unit prices and income distributions, if any, may fall and rise. All performance figures for the financial period have been extracted from Lipper.

PORTFOLIO STRUCTURE Asset allocation

(% of NAV) 31.12.2017 31.12.2016

Collective investment schemes 3.17 1.87

Quoted securities 86.01 86.58

Cash and other net assets 10.82 11.55

TOTAL 100.00 100.00

As at 31 December 2017, the Fund had 10.82% in cash and other net assets and held the rest in quoted securities.

-40%

-20%

0%

20%

40%

60%

80%

100%

Dec-1

2

Mar-

13

Jun-1

3

Sep-1

3

Dec-1

3

Mar-

14

Jun-1

4

Sep-1

4

Dec-1

4

Mar-

15

Jun-1

5

Sep-1

5

Dec-1

5

Mar-

16

Jun-1

6

Sep-1

6

Dec-1

6

Mar-

17

Jun-1

7

Sep-1

7

Dec-1

7

CIMB-Pincipal Asian Equity Fund

MSCI AC Asia ex Japan Index


6

MARKET OUTLOOK* The outlook for Asia is positive in the near term. There is a global synchronised economic recovery with a modest inflationary outlook. We expect the global Central Banks to gradually raise interest rates which should not derail the rally. China is also executing well on its reforms which will help support its economy to grow more sustainably. These factors should continue to support an upgrade cycle in earnings estimates in Asia. As a result, we expect the stock markets to remain buoyant. *This market outlook does not constitute an offer, invitation, commitment, advice or recommendation to make a purchase of any investment. The information given in this article represents the views of CIMB-Principal or based on data obtained from sources believed to be reliable by CIMB-Principal. Whilst every care has been taken in preparing this, CIMB-Principal makes no guarantee, representation or warranty and is under no circumstances liable for any loss or damage caused by reliance on, any opinion, advice or statement made in this market outlook. INVESTMENT STRATEGY We are positive on Asian equities. The investment strategy is to remain fully invested in the near term. Our favoured sectors will include the technology, financial, resources and consumer discretionary sectors. On a country basis, we prefer China, Hong Kong, Singapore and Malaysia where earnings estimates revision upwards appears to be gaining momentum. The Association of Southeast Asian Nations ("ASEAN") countries are seeing a more modest recovery as they are grappling with slower domestic growth and an uncertain political climate. UNIT HOLDINGS STATISTICS Breakdown of unit holdings by size as at 31 December 2017 are as follows: Size of unit holdings (units) No. of unit holders No. of units held

(million) % of units held

5,000 and below 15,869 1.66 2.08

5,001 - 10,000 642 4.77 5.96

10,001 - 50,000 1,426 32.54 40.66

50,001 - 500,000 369 38.16 47.69

500,001 and above 3 2.89 3.61

Total 18,309 80.03 100.00


7

SOFT COMMISSION AND REBATES CIMB-Principal Asset Management Berhad (the “Manager”) and the Trustee (including their officers) will not retain any form of rebate or soft commission from, or otherwise share in any commission with, any broker in consideration for directing dealings in the investments of the Funds unless the soft commission received is retained in the form of goods and services such as financial wire services and stock quotations system incidental to investment management of the Funds. All dealings with brokers are executed on best available terms. During the financial period under review, the Manager and the Trustee did not receive any rebates from the brokers or dealers but have retained soft commission in the form of goods and services such as financial wire services and stock quotations system incidental to investment management of the Funds.


8

STATEMENT BY MANAGER TO THE UNIT HOLDERS OF CIMB-PRINCIPAL ASIAN EQUITY FUND We, being the Directors of CIMB-Principal Asset Management Berhad (the “Manager”), do hereby state that, in the opinion of the Manager, the accompanying audited financial statements set out on pages 10 to 40 are drawn up in accordance with the provisions of the Deeds and give a true and fair view of the financial position of the Fund as at 31 December 2016 and of its financial performance, changes in equity and cash flows for the financial period then ended in accordance with Malaysian Financial Reporting Standards (“MFRS”) 134 - Interim Financial Reporting and International Accounting Standards ("IAS") 34 - Interim Financial Reporting. For and on behalf of the Manager CIMB-Principal Asset Management Berhad (Company No.: 304078-K) MUNIRAH KHAIRUDDIN ALEJANDRO ECHEGORRI Chief Executive Officer/Executive Director Executive Director Kuala Lumpur 28 February 2018


9

TRUSTEE’S REPORT TO THE UNIT HOLDERS OF CIMB-PRINCIPAL ASIAN EQUITY FUND

We, Universal Trustee (Malaysia) Berhad, being the Trustee for CIMB-Principal Asian Equity Fund (the “Fund”), are of the opinion that CIMB-Principal Asset Management Berhad (the “Manager”), acting in the capacity of Manager of the Fund, have fulfilled their duties in the following manner for the financial period ended 31 December 2017: (a) the Fund is being managed in accordance with the limitations imposed on the investment

powers of the Manager and the Trustee under the Deeds, the Securities Commission’s Guidelines on the Unit Trust Funds, the Capital Markets and Services Act 2007 and other applicable laws;

(b) valuation/pricing is carried out in accordance with the Deeds and any regulatory requirements;

and (c) creation and cancellation of units are carried out in accordance with the Deeds and any

regulatory requirements. For and on behalf of the Trustee UNIVERSAL TRUSTEE (MALAYSIA) BERHAD

ONG TEE VANN Chief Executive Officer Kuala Lumpur 28 February 2018


10

UNAUDITED STATEMENT OF COMPREHENSIVE INCOME FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 31 DECEMBER 2017

01.07.2017 to 31.12.2017

01.07.2016 to 31.12.2016

Note RM RM

INVESTMENT INCOME

Dividend income 1,308,814 190,749

Interest income from current accounts 11,157 8,127 Net gain on financial assets at fair value through profit

or loss 8 6,418,020 3,659,279

Net foreign exchange (loss)/gain (524,960) 111,372

Other income 4 27,853 18,424

7,240,884 3,987,951

EXPENSES

Management fee 5 551,835 374,200

Trustee’s and custodian fees 6 35,309 60,349

Audit fee 7,920 7,420

Tax agent’s fee 3,100 13,672

Transaction costs 124,890 118,048

Other expenses 67,161 38,890

790,215 612,579

PROFIT BEFORE TAXATION 6,450,669 3,375,372

Taxation 7 (99,217) (16,914)

PROFIT AFTER TAXATION AND TOTAL

COMPREHENSIVE INCOME FOR THE

FINANCIAL PERIOD 6,351,452 3,358,458

Profit after taxation is made up as follows:

Realised amount 1,292,996 1,027,682

Unrealised amount 5,058,456 2,330,776

6,351,452 3,358,458

The accompanying notes to the financial statements form an integral part of the unaudited financial statements.


11

UNAUDITED STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2017 31.12.2017 30.06.2017 Audited Note RM RM

ASSETS

Cash and cash equivalents 9 5,822,569 2,192,536

Financial assets at fair value through profit or loss 8 63,747,020 45,444,031

Amount due from Manager 1,526,664 329,690 Amount due from Manager of collective investment

scheme

-Management fee rebate 36,686 23,165

Dividends receivable 1,609 87,080

TOTAL ASSETS 71,134,548 48,076,502

LIABILITIES

Amount due to Manager 343,948 135,310

Accrued management fee 100,196 67,953

Amount due to Trustee 2,017 1,345

Other payables and accruals 24,173 24,204

TOTAL LIABILITIES 470,334 228,812

NET ASSET VALUE OF THE FUND 70,664,214 47,847,690

EQUITY

Unit holders’ capital 24,835,914 8,370,842

Retained earnings 45,828,300 39,476,848

NET ASSETS ATTRIBUTABLE TO UNIT HOLDERS 70,664,214 47,847,690

NUMBER OF UNITS IN CIRCULATION (UNITS) 10 80,032,855 60,904,560

NET ASSET VALUE PER UNIT (RM) 0.8829 0.7856



12

UNAUDITED STATEMENT OF CHANGES IN EQUITY FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 31 DECEMBER 2017

Unit holders’ Retained Total capital earnings

RM RM RM

Balance as at 1 July 2017 8,370,842 39,476,848 47,847,690

Movement in unit holders’ contributions:

- Creation of units from applications 20,525,719 - 20,525,719

- Cancellation of units (4,060,647) - (4,060,647) Total comprehensive income for the financial period - 6,351,452 6,351,452

Balance as at 31 December 2017 24,835,914 45,828,300 70,664,214

Balance as at 1 July 2016 5,765,392 29,193,504 34,958,896

Movement in unit holders’ contributions: - Creation of units from applications 10,516,965 - 10,516,965 - Cancellation of units (3,073,037) - (3,073,037) Total comprehensive income for the financial period - 3,358,458 3,358,458

Balance as at 31 December 2016 13,209,320 32,551,962 45,761,282



13

UNAUDITED STATEMENT OF CASH FLOWS FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 31 DECEMBER 2017

01.07.2017 to 31.12.2017

01.07.2016 to 31.12.2016

RM RM

CASH FLOWS FROM OPERATING ACTIVITIES

Proceeds from disposal of quoted securities 13,992,361 16,862,148

Purchase of quoted securities (26,498,611) (18,451,563)

Dividend income received 1,295,068 339,750

Interest income received from current accounts 11,157 8,127

Management fee paid (517,954) (359,267)

Management fee rebate received 12,694 8,849

Trustee’s and custodian fees paid (34,637) (60,090)

Payments for other fees and expenses (78,212) (52,197)

Net realised foreign exchange loss (153,155) (64,038)

Net cash used in operating activities (11,971,291) (1,770,164)

CASH FLOWS FROM FINANCING ACTIVITIES

Cash proceeds from units created 19,328,745 10,358,564

Payments for cancellation of units (3,852,009) (6,268,672)

Net cash generated from financing activities 15,476,736 4,089,892

Net increase in cash and cash equivalents 3,505,445 2,319,728

Effects of foreign exchange differences 124,588 215,305

Cash and cash equivalents at the beginning of the financial period 2,192,536 3,319,929

Cash and cash equivalents at the end of the financial period 5,822,569 5,854,962



14

NOTES TO THE FINANCIAL STATEMENTS FOR THE SIX MONTHS FINANCIAL PERIOD ENDED 31 DECEMBER 2017 1. THE FUND, THE MANAGER AND ITS PRINCIPAL ACTIVITY

CIMB-Principal Asian Equity Fund (the “Fund”) is governed by a Principal Master Deed dated 15 May 2008, a First Supplemental Master Deed dated 25 June 2008, a Third Supplemental Master Deed dated 14 July 2008, a Fourth Supplemental Master Deed dated 18 March 2009, a Thirteenth Supplemental Master Deed dated 26 June 2012 and an Eighteenth Supplemental Master Deed dated 25 March 2015 (collectively referred to as the “Deeds”), made between CIMB-Principal Asset Management Berhad (the “Manager”) and Universal Trustee (Malaysia) Berhad (the “Trustee”). The Fund aims to achieve capital growth by investing primarily in equity securities of companies domiciled in, listed in, and/or have significant operations in Asia ex Japan. ‘Significant operations’ means major businesses of the company. For example, the Fund can invest in a company with significant business/operations in Thailand but listed on the New York Stock Exchange ("NYSE"). The threshold for ‘significant operations’ would be if more than 30% of total group revenue derives from countries in Asia ex Japan. The calculation would be based on the most recent financial reports released by the companies (e.g. interim and annual reports). The Fund may also invest in instruments issued by companies incorporated in the Asia ex Japan but listed or traded on exchanges outside Asia ex Japan. Under normal market conditions, the Fund will invest primarily in common stocks. The Fund may seek investment opportunities in other types of transferable securities, including fixed income securities as well as collective investment schemes that is in line with the objective of the Fund subject to the requirement of the Securities Commission Malaysia ("SC") Guidelines. Asia ex Japan includes but is not limited to the following countries: Hong Kong SAR, India, Indonesia, Korea, the People’s Republic of China, Pakistan, the Philippines, Singapore, Sri Lanka, Taiwan, Malaysia and Thailand. The investments of the Fund in the foreign markets are in accordance with the SC Guidelines. The Fund will invest between 70% to 99.5% (both inclusive) of the Fund’s NAV in equity securities in Asia ex Japan up to 28% of the Fund's NAV in other permissible investments and at least 0.5% of the Fund’s NAV in liquid assets. CIMB-Principal has appointed CIMB-Principal Asset Management (S) Pte Ltd ("CIMB-Principal (S)"), a company incorporated in Singapore, as the Sub-Manager of the Fund. CIMB-Principal (S) will be responsible for investing and managing the Fund in accordance with the investment objective and within the investment restrictions. All investments are subjected to the SC Guidelines on Unit Trust Funds, SC requirements, the Deeds, except where exemptions or variations have been approved by the SC, internal policies and procedures and the Fund’s objective. The Manager, a company incorporated in Malaysia, is a subsidiary of CIMB Group Sdn Bhd and regards CIMB Group Holdings Berhad as its ultimate holding company. The Manager is also an associate of Principal International (Asia) Limited, which is a subsidiary of Principal Financial Group Inc. The principal activities of the Manager are the establishment and management of unit trust funds and fund management activities.


15

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been used consistently in dealing with items which are considered material in relation to the financial statements: (a) Basis of preparation

The financial statements have been prepared in accordance with the provisions of the MFRS and International Financial Reporting Standards (“IFRS”). The financial statements have been prepared under the historical cost convention, as modified by financial assets at fair value through profit or loss.

The preparation of financial statements in conformity with MFRS and IFRS requires the use of certain critical accounting estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reported period. It also requires the Manager to exercise their judgment in the process of applying the Fund’s accounting policies. Although these estimates and assumptions are based on the Manager’s best knowledge of current events and actions, actual results may differ.

The areas involving a higher degree of judgment or complexity, or areas where estimates and assumptions are significant to the financial statements are disclosed in Note 2(k). Standards, amendments to published standards and interpretations to existing standards that are effective: The Fund has applied the following amendments for the first time for the financial year beginning 1 July 2017:

• Amendments to MFRS 107 ‘‘Statement of Cash Flows – Disclosure Initiative’’ introduce an additional disclosure on changes in liabilities arising from financing activities.

The adoption of these amendments did not have any impact on the current financial period or any prior period and is not likely to affect future periods.

The standards, amendments to published standards and interpretations to existing standards that are applicable to the Fund but not yet effective and have not been early adopted are as follows:

(i) Financial year beginning on/after 1July 2018

• MFRS 9 “Financial Instruments” (effective from 1 January 2018) will replace MFRS 139 “Financial Instruments: Recognition and Measurement”.


16

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

(a) Basis of preparation (continued)

(i) Financial year beginning on/after 1 July 2018 (continued) MFRS 9 retains but simplifies the mixed measurement model in MFRS 139 and establishes three primary measurement categories for financial assets: amortised cost, fair value through profit or loss and fair value through other comprehensive income (“OCI”). The basis of classification depends on the entity's business model and the contractual cash flow characteristics of the financial asset. Investments in equity instruments are always measured at fair value through profit or loss with an irrevocable option at inception to present changes in fair value in OCI (provided the instrument is not held for trading). A debt instrument is measured at amortised cost only if the entity is holding it to collect contractual cash flows and the cash flows represent principal and interest. For liabilities, the standard retains most of the MFRS 139 requirements. These include amortised cost accounting for most financial liabilities, with bifurcation of embedded derivatives. The main change is that, in cases where the fair value option is taken for financial liabilities, the part of a fair value change due to an entity’s own credit risk is recorded in OCI rather than the income statement, unless this creates an accounting mismatch. MFRS 9 introduces an expected credit loss model on impairment that replaces the incurred loss impairment model used in MFRS 139. The expected credit loss model is forward-looking and eliminates the need for a trigger event to have occurred before credit losses are recognised.

The Fund will apply is standards when effective. These standards is not expected to have a significant impact on the Fund’s financial statements.

(b) Financial assets and financial liabilities

Classification The Fund designates its investments in collective investment scheme and quoted securities as financial assets at fair value through profit or loss at inception. Financial assets are designated at fair value through profit or loss when they are managed and their performance evaluated on a fair value basis. Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market and have been included in current assets. The Fund’s loans and receivables comprise cash and cash equivalents, amount due from Manager, amount due from Manager of collective investment scheme and dividends receivable. Financial liabilities are classified according to the substance of the contractual arrangements entered into and the definitions of a financial liability. The Fund classifies amount due to Manager, accrued management fee, amount due to Trustee, and other payables and accruals as other financial liabilities.


17

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

(b) Financial assets and financial liabilities (continued)

Recognition and measurement Regular purchases and sales of financial assets are recognised on the trade-date the date on which the Fund commits to purchase or sell the asset. Investments are initially recognised at fair value. Transaction costs are expensed in the statement of comprehensive income. Financial liabilities, within the scope of MFRS 139, are recognised in the statement of financial position when, and only when, the Fund becomes a party to the contractual provisions of the financial instrument. Financial assets are derecognised when the rights to receive cash flows from the investments have expired or have been transferred and the Fund has transferred substantially all risks and rewards of ownership. Financial liabilities are derecognised when it is extinguished, i.e. when the obligation specified in the contract is discharged or cancelled or expired. Unrealised gains or losses arising from changes in the fair value of the financial assets at fair value through profit or loss are presented in the statement of comprehensive income within net gain or loss on financial assets at fair value through profit or loss in the financial period which they arise. Dividend income from financial assets at fair value through profit or loss is recognised in the statement of comprehensive income as part of gross dividend income when the Fund’s right to receive payments is established. Collective investment scheme is valued based on the most recent published NAV per unit or share of such collective investment scheme or, if unavailable, the last published price of such unit or share (excluding any sales charge included in such selling price).

Foreign quoted securities are valued at the last traded market price quoted on the respective foreign stock exchanges at the close of the business day of the respective foreign stock exchanges. If a valuation based on the market price does not represent the fair value of the quoted securities, for example during abnormal market conditions or when no market price is available, including in the event of a suspension in the quotation of the quoted securities for a period exceeding 14 days, or such shorter period as agreed by the Trustee, then the quoted securities are valued as determined in good faith by the Manager, based on the methods or bases approved by the Trustee after appropriate technical consultation. Loans and receivables and other financial liabilities are subsequently carried at amortised cost using the effective interest method.


18

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) (b) Financial assets and financial liabilities (continued)

Impairment for assets carried at amortised costs For assets carried at amortised cost, the Fund assesses at the end of the reporting period whether there is objective evidence that a financial asset or group of financial assets is impaired. A financial asset or a group of financial assets is impaired and impairment losses are incurred only if there is objective evidence of impairment as a result of one or more events that occurred after the initial recognition of the asset (a ‘loss event’) and that loss event (or events) has an impact on the estimated future cash flows of the financial asset or group of financial assets that can be reliably estimated. The amount of the loss is measured as the difference between the asset’s carrying amount and the present value of estimated future cash flows (excluding future credit losses that have not been incurred) discounted at the financial asset’s original effective interest rate. The asset’s carrying amount is reduced and the amount of the loss is recognised in statement of comprehensive income. If ‘loans and receivables’ has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract. As a practical expedient, the Fund may measure impairment on the basis of an instrument’s fair value using an observable market price. If, in a subsequent financial period, the amount of the impairment loss decreases and the decrease can be related objectively to an event occurring after the impairment was recognised (such as an improvement in the debtor’s credit rating), the reversal of the previously recognised impairment loss is recognised in statement of comprehensive income. When an asset is uncollectible, it is written off against the related allowance account. Such assets are written off after all the necessary procedures have been completed and the amount of the loss has been determined.

(c) Income recognition Dividend income is recognised on the ex-dividend date when the right to receive payment is established. Realised gain or loss on disposal of collective investment scheme and quoted securities are accounted for as the difference between the net disposal proceeds and the carrying amount of investments, determined on a weighted average cost basis.

(d) Foreign currency Functional and presentation currency

Items included in the financial statements of the Fund are measured using the currency of the primary economic environment in which the Fund operates (the “functional currency”). The financial statements are presented in Ringgit Malaysia (“RM”), which is the Fund’s functional and presentation currency.


19

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) (d) Foreign currency

Functional and presentation currency (continued)

Due to mixed factors in determining the functional currency of the Fund, the Manager

has used its judgement to determine the functional currency that most faithfully represents the economic effects of the underlying transactions, events and conditions and have determined the functional currency to be in RM primarily due to the following factors:

i) The Fund’s units are denominated in RM. ii) All of the Fund’s expenses are denominated in RM. Transactions and balances Foreign currency transactions are translated into the functional currency using the

exchange rates prevailing at the dates of the transactions or valuation where items are remeasured. Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in statement of comprehensive income.

(e) Cash and cash equivalents

For the purpose of statement of cash flows, cash and cash equivalents comprise bank balances which are subject to an insignificant risk of changes in value.

(f) Taxation Current tax expense is determined according to Malaysian tax laws at the current rate based upon the taxable profit earned during the financial period. Tax on dividend income from foreign quoted securities is based on the tax regime of the respective countries that the Fund invests in.

(g) Transaction costs Transaction costs are costs incurred to acquire or dispose financial assets or liabilities at fair value through profit or loss. They include fees and commissions paid to agents, advisors, brokers and dealers. Transaction costs, when incurred, are immediately recognised in the statement of comprehensive income as expenses.

(h) Management fee rebate

Management fee rebate is derived from the collective investment scheme held by the Fund on an accruals basis to ensure no double charging of management fee. It is accrued daily based on the fair value of the collective investment scheme held.


20

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) (i) Unit holders’ capital

The unit holders’ contributions to the Fund meet the criteria to be classified as equity instruments under MFRS 132 “Financial Instruments: Presentation”. Those criteria include:

• the units entitle the holder to a proportionate share of the Fund’s NAV;

• the units are the most subordinated class and class features are identical;

• there is no contractual obligations to deliver cash or another financial asset other than the obligation on the Fund to repurchase; and

• the total expected cash flows from the units over its life are based substantially on the profit or loss of the Fund.

• The outstanding units are carried at the redemption amount that is payable at each financial period if unit holder exercises the right to put the unit back to the Fund. Units are created and cancelled at prices based on the Fund’s NAV per unit at the time of creation or cancellation. The Fund’s NAV per unit is calculated by dividing the net assets attributable to unit holders with the total number of outstanding units.

(j) Segment information Operating segments are reported in a manner consistent with the internal reporting used by the chief operating decision-maker. The chief operating decision-maker is responsible for allocating resources and assessing performance of the operating segments.

(k) Critical accounting estimates and judgments in applying accounting policies The Fund makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, rarely equal the related actual results. To enhance the information content of the estimates, certain key variables that are anticipated to have material impact to the Fund’s results and financial position are tested for sensitivity to changes in the underlying parameters. Estimates and judgment are continually evaluated by the Manager and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In undertaking any of the Fund’s investment, the Manager will ensure that all assets of the Fund under management will be valued appropriately, that is at fair value and in compliance with the SC Guidelines on Unit Trust Funds.

However, the Manager is of the opinion that there are no accounting policies which require significant judgment to be exercised.


21

3. RISK MANAGEMENT OBJECTIVES AND POLICIES The Fund aims to seek capital growth by investing primarily in equities and equity related instruments in the Asia ex Japan. The Fund is exposed to a variety of risks which include market risk (inclusive of price risk and currency risk), credit risk and liquidity risk. Financial risk management is carried out through internal control process adopted by the Manager and adherence to the investment restrictions as stipulated in the Deeds and SC Guidelines on Unit Trust Funds. (a) Market risk

(i) Price risk

This is the risk that the fair value of investments in collective investment scheme and quoted securities will fluctuate because of changes in market prices (other than those arising from interest rate risk and currency risk). The value of collective investment scheme and quoted securities may fluctuate according to the activities of individual companies, sector and overall political and economic conditions. Such fluctuation may cause the Fund’s NAV and prices of units to fall as well as rise, and income produced by the Fund may also fluctuate. The price risk is managed through diversification and selection of collective investment scheme, quoted securities and other financial instruments within specified limits according to the Deeds.

(ii) Currency risk

Currency risk is associated with investments that are quoted and/or priced in foreign currency denomination. Foreign currency risk is the risk that the value of financial instruments will fluctuate due to changes in foreign exchange rates. The Manager will evaluate the likely directions of a foreign currency versus RM based on considerations of economic fundamentals such as interest rate differentials, balance of payments position, debt levels, and technical chart considerations.

(b) Credit risk

Credit risk refers to the risk that counterparty will default on its contractual obligation resulting in financial loss to the Fund. For amount due from manager, the settlement terms of the proceeds from the creation of units receivable from the Manager are governed by the SC Guidelines on Unit Trust Funds.


22

3. RISK MANAGEMENT OBJECTIVES AND POLICIES (CONTINUED)

(c) Liquidity risk Liquidity risk is the risk that the Fund will encounter difficulty in meeting its financial obligations. The Manager manages this risk by maintaining sufficient level of liquid assets to meet anticipated payments and cancellations of the units by unit holders. Liquid assets comprise bank balances, and deposits with licensed financial institutions which are capable of being converted into cash within 7 business days. Generally all investments are subject to a degree of liquidity risk depending on the nature of the investments instruments, market, sector and other factors. For the purpose of the Fund, the Manager will attempt to balance the entire portfolio by investing in a mix of assets with satisfactory trading volume and those that occasionally could encounter poor liquidity. This is expected to reduce the risks for the entire portfolio without limiting the Fund's growth potentials.

(d) Capital risk management

The capital of the fund is represented by equity consisting of unit holders’ capital of RM24,835,914 (2016: RM13,209,320) and retained earnings of RM45,828,300(2016: RM32,551,962). The amount of capital can change significantly on a daily basis as the Fund is subject to daily subscriptions and redemptions at the discretion of unit holders. The Fund’s objective when managing capital is to safeguard the Fund’s ability to continue as a going concern in order to provide returns to unit holders and benefits for other stakeholders and to maintain a strong capital base to support the development of the investment activities of the Fund.

(e) Fair value estimation

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e. an exit price). The fair value of financial assets traded in active markets (such as trading securities) are based on quoted market prices at the close of trading on the financial period end date. The Fund utilises the last traded market price for financial assets where the last traded price falls within the bid-ask spread. In circumstances where the last traded price is not within the bid-ask spread, the Manager will determine the point within the bid-ask spread that is most representative of the fair value.

An active market is a market in which transactions for the asset or liability take place with sufficient frequency and volume to provide pricing information on an ongoing basis.


23


(e) Fair value estimation (continued)

(i) Fair value hierarchy The fair value of financial assets that are not traded in an active market is determined by using valuation techniques. The table below analyses financial instruments carried at fair value. The different levels have been defined as follows:

• Quoted prices (unadjusted) in active market for identical assets or liabilities (Level 1)

• Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (that is, as prices) or indirectly (that is, derived from prices) (Level 2)

• Inputs for the asset and liability that are not based on observable market data (that is, unobservable inputs) (Level 3)

The level in the fair value hierarchy within which the fair value measurement is categorised in its entirety is determined on the basis of the lowest level input that is significant to the fair value measurement in its entirety. For this purpose, the significance of an input is assessed against the fair value measurement in its entirety. If a fair value measurement uses observable inputs that require significant adjustment based on unobservable inputs, that measurement is a Level 3 measurement. Assessing the significance of a particular input to the fair value measurement in its entirety requires judgment, considering factors specific to the asset or liability. The determination of what constitutes ‘observable’ requires significant judgment by the Fund. The Fund considers observable data to be that market data that is readily available, regularly distributed or updated, reliable and verifiable, not proprietary, and provided by independent sources that are actively involved in the relevant market.


24


(e) Fair value estimation (continued)

(i) Fair value hierarchy (continued) Level 1 Level 2 Level 3 Total RM RM RM RM 31.12.2017 Financial assets

at fair value through profit or loss:

- Collective investment scheme

2,241,866

-

-

2,241,866 - Quoted

securities

61,505,154

-

-

61,505,154 63,747,020 - - 63,747,020

30.06.2017 Audited Financial assets at fair value through profit or loss:

- Collective investment scheme 901,516

-

- 901,516

- Quoted securities

44,542,515

-

-

44,542,515

45,444,031 - - 45,444,031

Investments whose values are based on quoted market prices in active

markets, and are therefore classified within Level 1, include active listed equities and collective investment scheme. The Fund does not adjust the quoted prices for these instruments. The Fund’s policies on valuation of these financial assets are stated in Note 2(b).

(ii) The carrying values of cash and cash equivalents, amount due from Manager, amount due from Manager of collective investment scheme, dividends receivable and all current liabilities are a reasonable approximation of their fair values due to their short term nature.

4. OTHER INCOME

Other income represents the Fund’s entitlement to management fee rebate from the MAnager and the Manager of collective investment scheme the Fund invests in. For the six months financial period ended 31 December 2017, the rebate is recognised at a rate of 2.00% per annum (31.12.2016: 2.00%) for CIMB-Principal Indo Domestic Equity, and 1.75% per annum (31.12.2016: Nil) for CIMB-Principal SMART Equity Fund calculated and accrued daily based on the NAV of the collective investment scheme.


25

5. MANAGEMENT FEE In accordance with the Deeds, the Manager is entitled to a maximum management fee of 3.00% per annum, calculated daily based on the NAV of the Fund. For the six months financial period ended 31 December 2017, the management fee is recognised at a rate of 1.85% per annum (31.12.2016: 1.85% per annum). There will be no further liability to the Manager in respect of management fee other than amounts recognised above.

6. TRUSTEE’S AND CUSTODIAN FEES In accordance with the Deeds, the Trustee is entitled to a maximum fee of 0.035% per annum, calculated daily based on the NAV of the Fund, excluding foreign sub-custodian fees and charges. The foreign custodian fee (safekeeping fee and transaction fee, including out of pocket charges) is subject to a minimum of USD500 per month and is charged monthly in arrears. The safekeeping fee ranges from a minimum of 0.04% per annum to a maximum of 0.38% per annum of the market value of the respective foreign portfolios, depending on the country invested. The transaction fee is charged for every transaction and the amounts are dependent on the country invested. For the six months financial period ended 31 December 2017, the Trustee’s fee is recognised at a rate of 0.035% per annum (31.12.2016: 0.035% per annum) while the foreign sub-custodian fee is recognised at RM24,838 (31.12.2016: RM53,270). There will be no further liability to the Trustee and custodian in respect of Trustee’s and custodian fees other than the amount recognised above.

7. TAXATION

31.12.2017 31.12.2016

RM RM Tax charged for the financial period: - Current taxation 99,217 16,914

A numerical reconciliation between the profit/(loss) before taxation multiplied by the Malaysian statutory income tax rate and tax expense of the Fund is as follows:

01.07.2017

to 31.12.2017

01.07.2016 to 31.12.2016

RM RM Profit before taxation 6,450,669 3,375,372 Taxation at Malaysian statutory rate of 24% (31.12.2016: 24%) 1,548,160 810,089 Tax effects of:

Investment income not subject to tax (1,737,812) (956,988) Expenses not deductible for tax purposes 45,069 48,501 Restriction on tax deductible expenses for Unit Trust

Funds 144,583 98,398 Effects of foreign tax on foreign taxable income 99,217 16,914

Taxation 99,217 16,914


26

8. FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS 31.12.2017 30.06.2017

Audited RM RM Designated at fair value through profit or loss at inception:

- Collective investment scheme 2,241,866 901,516

- Quoted securities 61,505,154 44,542,515

63,747,020 45,444,031

01.07.2017

to 31.12.2017 01.07.2016

to 31.12.2016 RM RM Net gain on financial assets at fair value through profit or

loss: - Realised gain on disposals 1,484,793 1,328,503 - Unrealised fair value gain 4,933,227 2,330,776

6,418,020 3,659,279

Name of counter Quantity

Aggregate cost

Market value

Percentage of NAV

Units

RM

RM

%

31.12.2017 COLLECTIVE INVESTMENT

SCHEMES

INDONESIA

CIMB-Principal SMART Equity

Fund 4,073,844 1,389,384 1,386,927 1.96 CIMB-Principal Indo Domestic

Equity Fund 2,840,500 750,932 854,939 1.21

TOTAL COLLECTIVE INVESTMENT SCHEMES 6,914,344 2,140,316 2,241,866 3.17

ACCUMULATED UNREALISED GAIN ON COLLECTIVE INVESTMENT SCHEME AT FAIR VALUE THROUGH PROFIT OR LOSS 101,550

TOTAL COLLECTIVE INVESTMENT SCHEME AT FAIR VALUE THROUGH PROFIT OR LOSS 2,241,866


27

8. FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS (CONTINUED)


Aggregate cost

Market value

Percentage of NAV

Units

RM

RM

%

31.12.2017

QUOTED SECURITIES MALAYSIA Quantity

Aggregate cost

Market value

Percentage of NAV

Units

RM

RM

%

Consumer Products Bermaz Auto Bhd 311,700 638,526 685,740 0.97

Finance

CIMB Group Holdings Bhd 195,800 1,170,378 1,280,532 1.81

Industrials

Malaysia Airports Holdings Bhd 153,200 1,140,398 1,346,628 1.91

V.S. Industry Bhd 329,900 705,513 992,999 1.41

483,100 1,845,911 2,339,627 3.32

TOTAL MALAYSIA 990,600 3,654,815 4,305,899 6.10

CAYMAN ISLANDS

Consumer Products Alibaba Group Holding Ltd 4,439 2,412,280 3,095,728 4.38

TOTAL CAYMAN ISLANDS 4,439 2,412,280 3,095,728 4.38

CHINA

Consumer Products

Midea Group Co Ltd -A* 50,732 1,192,653 1,748,267 2.47 Weichai Power Co Ltd -A* 129,000 771,804 668,862 0.95

179,732 1,964,457 2,417,129 3.42

Finance China Vanke Co Ltd - H 78,000 992,388 1,259,631 1.78 Industrial and Commercial Bank

of China Ltd 726,000 1,964,326 2,363,641 3.34 Ping An Insurance Group Co of

China Ltd - H** 47,000 1,152,178 1,979,018 2.80

851,000 4,108,892 5,602,290 7.92

Industrials

Anhui Conch Cement Co Ltd 46,500 706,324 884,514 1.25

Hangzhou Hikvision Digital Technology Co Ltd 79,510 1,507,768 1,927,823 1.73

126,010 2,214,092 2,812,337 2.98

TOTAL CHINA 1,156,742 8,287,441 10,831,756 14.32


28

8. FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS (CONTINUED) Name of counter

Quantity

Aggregate cost

Market value

Percentage of NAV

Units RM RM %

31.12.2017 (CONTINUED) QUOTED SECURITIES (CONTINUED)

HONG KONG Consumer Products Brilliance China Automotive

Holdings Ltd 120,000 1,168,261 1,298,141 1.84 China Mengniu Dairy Co Ltd 98,000 1,100,053 1,179,352 1.67 Techtronic Industries Co Ltd 49,000 1,007,100 1,292,214 1.83 Sands China Ltd 93,200 1,639,088 1,946,497 2.75

360,200 4,914,502 5,716,204 8.09 Energy CNOOC Ltd 111,000 660,536 644,629 0.91 Finance AIA Group Ltd 61,400 1,399,187 2,118,180 3.00 Technology Tencent Holdings Ltd 17,900 1,782,912 3,761,606 5.32 TOTAL HONG KONG 550,500 8,757,137 12,240,619 17.32

INDIA Energy Reliance Industries Ltd 24,590 1,062,389 1,433,658 2.03 Finance HDFC Bank Ltd 8,334 596,490 987,770 1.40 ICICI Bank Ltd 69,438 1,313,864 1,380,164 1.95 IndusInd Bank Ltd 5,988 418,315 625,000 0.88 83,760 2,328,669 2,992,934 4.23 Industrials Larsen & Toubro Ltd 11,538 1,026,032 918,970 1.30

UltraTech Cement Ltd 3,396 974,460 928,786 1.31

14,934 2,000,492 1,847,756 2.61 Telecommunications Bharti Infratel Ltd 18,858 431,775 452,118 0.64 TOTAL INDIA 142,142 5,823,325 6,726,466 9.51


29


Name of counter

Quantity

Aggregate cost

Market value

Percentage of NAV

Units RM RM % 31.12.2017 (CONTINUED) QUOTED SECURITIES

(CONTINUED)

INDONESIA Consumer Products PT Ace Hardware Indonesia Tbk 1,292,900 419,029 445,451 0.63 PT Mitra Adiperkasa Tbk 165,300 334,547 305,716 0.43 1,458,200 753,576 751,167 1.06 Industrials PT AKR Corporindo Tbk 272,700 618,524 516,550 0.73 TOTAL INDONESIA 1,730,900 1,372,100 1,267,717 1.79 PHILIPPINES Basic Materials D&L Industries Inc 616,600 552,782 553,069 0.78 Industrials Megawide Construction Corp 375,400 454,560 548,009 0.78 TOTAL PHILIPPINES 992,000 1,007,342 1,101,078 1.56

SINGAPORE Energy Keppel Corp Ltd 28,600 624,895 636,558 0.90 Finance City Developments Ltd 38,500 1,304,540 1,456,155 2.06 DBS Group Holdings Ltd 31,100 1,922,018 2,340,299 3.31 69,600 3,226,558 3,796,454 5.37 Industrials Venture Corp Ltd 31,100 1,197,198 1,927,804 2.73 TOTAL SINGAPORE 129,300 5,048,651 6,360,816 9.00


30


Name of counter

Quantity

Aggregate cost

Market value

Percentage of NAV

Units RM RM % 31.12.2017 (CONTINUED) QUOTED SECURITIES

(CONTINUED)

SOUTH KOREA Basic Materials Posco 1,432 1,598,153 1,803,714 2.55 Consumer Products Samsung Electronics Co. Ltd 421 2,649,382 4,063,632 5.75 Finance Shinhan Financial Group Co. Ltd 5,410 1,039,679 1,012,412 1.43 TOTAL SOUTH KOREA 7,263 5,287,214 6,879,758 9.73

TAIWAN Finance CTBC Financial Holding Co. Ltd 359,191 955,758 1,018,567 1.44 Industrials AirTac International Group 19,000 1,101,822 1,382,440 1.96 Silergy Corp 7,000 521,427 647,360 0.92 26,000 1,623,249 2,029,800 2.88 Technology Taiwan Semiconductor Manufacturing Co. Ltd

70,000

1,307,053

2,184,840

3.09

TOTAL TAIWAN 455,191 3,886,060 5,233,207 7.44 THAILAND Consumer Products CP ALL PCL - NVDR*** 138,700 1,150,715 1,324,874 1.87 Erawan Group PCL - NVDR*** 919,500 617,926 992,381 1.40 1,058,200 1,768,641 2,317,255 3.27 Finance Srisawad Power PCL -NVDR*** 58,400 321,960 472,716 0.67 TMB Bank PLC -NVDR *** 1,794,100 673,610 672,142 0.95 1,852,500 995,570 1,144,858 1.62 TOTAL THAILAND 2,910,700 2,764,211 3,462,113 4.89


31


Name of counter

Quantity

Aggregate cost

Market value

Percentage of NAV

Units RM RM % 31.12.2017 (CONTINUED) QUOTED SECURITIES (CONTINUED)

TOTAL QUOTED SECURITIES 9,069,777 48,300,576 61,505,157 86.01

ACCUMULATED UNREALISED GAIN ON QUOTED

SECURITES AT FAIR VALUE THROUGH PROFIT OR LOSS

13,204,581

TOTAL QUOTED SECURITES AT FAIR VALUE THROUGH PROFIT OR LOSS

61,505,157

30.06.2017 Audited COLLECTIVE INVESTMENT

SCHEME

INDONESIA

CIMB-Principal Indo Domestic

Equity Fund 2,840,500 750,932 901,516 1.88

TOTAL COLLECTIVE INVESTMENT SCHEME 2,840,500 750,932 901,516 1.88

ACCUMULATED UNREALISED GAIN ON COLLECTIVE INVESTMENT SCHEME AT FAIR VALUE THROUGH PROFIT OR LOSS 150,584

TOTAL COLLECTIVE INVESTMENT SCHEME AT FAIR VALUE THROUGH PROFIT OR LOSS 901,516


32

8. FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS (CONTINUED) Name of counter Quantity

Aggregate cost

Market value

Percentage of NAV

Units RM RM %

30.06.2017 (CONTINUED)

Audited (Continued) QUOTED SECURITIES

MALAYSIA

Consumer Products Bermaz Auto Bhd 114,400 229,864 229,944 0.48

Finance

Malayan Banking Bhd 95,993 851,900 924,413 1.93

Industrials

Gamuda Bhd 82,500 449,609 453,750 0.95

Malaysia Airports Holdings Bhd 117,400 825,455 1,004,944 2.10

V.S. Industry Bhd 226,500 427,727 468,855 0.98

426,400 1,702,791 1,927,549 4.03

TOTAL MALAYSIA 636,793 2,784,555 3,081,906 6.44

CAYMAN ISLANDS

Consumer Products Alibaba Group Holdings Ltd 2,392 838,783 1,446,039 3.02

TOTAL CAYMAN ISLANDS 2,392 838,783 1,446,039 3.02 CHINA Consumer Products Midea Group Co Ltd - A* 39,850 877,631 1,084,966 2.27 Weichai Power Co Ltd - A* 64,500 489,795 538,579 1.13 104,350 1,367,426 1,623,545 3.40 Finance China Life Insurance Co Ltd 72,070 878,337 944,691 1.97 China Vanke Co Ltd - H** 65,000 823,161 789,500 1.65 Industrial and Commercial Bank

of China Ltd 585,000 1,533,092 1,694,389 3.54 Ping An Insurance Group Co of

China Ltd H** 39,500 903,826 1,116,938 2.33 761,570 4,138,416 4,545,518 9.49

Industrials

Anhui Conch Cement Co Ltd 46,500 706,324 693,856 1.45

Hangzhou Hikvision Digital Technology Co Ltd 67,255 1,222,664 1,374,177 2.87

113,755 1,928,988 2,068,033 4.32

TOTAL CHINA 979,675 7,434,830 8,237,096 17.21


33

8. FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS (CONTINUED) Name of counter Quantity

Aggregate cost

Market value

Percentage of NAV

Units RM RM %

30.06.2017 (CONTINUED) Audited (Continued) QUOTED SECURITIES

(CONTINUED) HONG KONG Basic Materials Fosun International Ltd 48,000 308,070 321,846 0.67 Consumer Products Brilliance China Automotive

Holdings Ltd 56,000 441,942 437,657 0.91 Sands China Ltd 69,600 1,155,820 1,367,515 2.86 Techtronic Industries Co Ltd 23,000 429,231 453,805 0.95

148,600 2,026,993 2,258,977 4.72 Finance AIA Group Ltd 38,400 625,233 1,204,020 2.52 Industrials AAC Technologies Holdings Inc 13,000 533,948 697,332 1.46 Sunny Optical Technology Group

Co. Ltd 24,000 776,972 923,328 1.93 37,000 1,310,920 1,620,660 3.39 Technology Tencent Holdings Ltd 12,700 736,454 1,948,793 4.07 TOTAL HONG KONG 284,700 5,007,670 7,354,296 15.37

INDIA Energy Reliance Industries Ltd 8,857 698,742 811,585 1.70 Finance HDFC Bank Ltd 8,334 596,490 914,207 1.91 ICICI Bank Ltd 69,438 1,313,864 1,337,790 2.80 IndusInd Bank Ltd 4,585 265,311 450,257 0.94 82,357 2,175,665 2,702,254 5.65 Industrials Larsen & Toubro Ltd 7,692 725,038 861,940 1.80

Telecommunications Bharti Infratel Ltd 18,858 431,775 469,001 0.98 TOTAL INDIA 117,764 4,031,220 4,844,780 10.13


34

8. FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS (CONTINUED) Name of counter

Quantity

Aggregate cost

Market value

Percentage of NAV

Units RM RM % 30.06.2017 (CONTINUED) Audited (Continued) QUOTED SECURITIES

(CONTINUED)

INDONESIA Consumer Products PT Ace Hardware Indonesia Tbk 1,404,200 449,896 478,388 1.00 PT Mitra Adiperkasa Tbk 212,200 417,544 463,767 0.97 1,616,400 867,440 942,155 1.97 Finance PT Bank Mandiri (Persero) Tbk 112,700 438,262 461,828 0.97 TOTAL INDONESIA 1,729,100 1,305,702 1,403,983 2.94 PHILIPPINES Finance Ayala Land Inc 138,400 443,950 467,619 0.98 Industrials Megawide Construction Corp. 303,600 359,174 482,056 1.01 TOTAL PHILIPPINES 442,000 803,124 949,675 1.99

SINGAPORE Finance City Developments Ltd 21,100 674,959 705,811 1.48 DBS Group Holdings Ltd 13,400 684,627 866,403 1.81 34,500 1,359,586 1,572,214 3.29 Industrials Singapore Technologies

Engineering Ltd

104,300

1,100,195

1,196,571

2.50 Venture Corp Ltd 24,300 795,019 912,851 1.91 128,600 1,895,214 2,109,422 4.41 TOTAL SINGAPORE 163,100 3,254,800 3,681,636 7.70 SOUTH KOREA Basic Materials Posco 1,432 1,598,153 1,540,861 3.22 Consumer Products Hankook Tire Co. Ltd 1,688 387,700 402,502 0.84 Korea Kolmar Co. Ltd 1,936 530,290 524,060 1.10 Samsung Electronics Co. Ltd 336 1,780,353 2,994,381 6.26 3,960 2,698,343 3,920,943 8.20


35


Name of counter

Quantity

Aggregate cost

Market value

Percentage of NAV

Units RM RM % 30.06.2017 (CONTINUED) Audited (Continued) QUOTED SECURITIES (CONTINUED)

SOUTH KOREA (CONTINUED) Finance Shinhan Financial Group Co. Ltd 4,838 916,996 894,234 1.87 Technology SK Hynix Inc 3,000 589,067 758,088 1.58 TOTAL SOUTH KOREA 13,230 5,802,559 7,114,126 14.87 TAIWAN Consumer Products Largan Precision Co. Ltd 1,000 587,953 683,850 1.43 Finance CTBC Financial Holding Co. Ltd 233,000 586,981 655,417 1.37 Industrials Hon Hai Precision Industry Co.

Ltd 92,000 1,252,915 1,517,724 3.17

Silergy Corp 7,000 460,975 578,382 1.21 99,000 1,713,890 2,096,106 4.38 Technology Taiwan Semiconductor Manufacturing Co. Ltd

70,000

1,307,053

2,057,895

4.30

TOTAL TAIWAN 403,000 4,195,877 5,493,268 11.48 THAILAND Consumer Products Erawan Group PCL - NVDR*** 723,100 469,653 484,588 1.01 Finance Srisawad Power PCL - NVDR*** 71,000 391,425 451,122 0.94 TOTAL THAILAND 794,100 861,078 935,710 1.95


36



Aggregate cost

Market value

Percentage of NAV

Units

RM

RM

%

2017 (CONTINUED) Audited (Continued)

TOTAL QUOTED SECURITIES 5,565,854 36,320,198 44,542,515 93.10

ACCUMULATED UNREALISED GAIN ON QUOTED SECURITIES AT FAIR VALUE THROUGH PROFIT OR LOSS 8,222,317

TOTAL QUOTED SECURITIES AT FAIR VALUE THROUGH PROFIT OR LOSS 44,542,515

* A shares refer to the shares of mainland China-based companies that trade on the two Chinese

Stock Exchanges which are Shanghai Stock Exchange and the Shenzhen Stock Exchange. ** H shares refer to the shares of companies incorporated in the Chinese mainland that are listed

on the Hong Kong Stock Exchange or other foreign exchange. H shares are still regulated by Chinese law, but they are denominated in Hong Kong dollars and trade the same as other equities on the Hong Kong exchange.

*** NVDR, or non-voting depository receipt, is a trading instrument issued by Thai NVDR Company

Limited, a subsidiary wholly owned by the Stock Exchange of Thailand (“SET”). It is a valid security as specified by the United States Securities and Exchange Commission (“SEC”) and is automatically regarded as a listed security by the SET. The underlying security is a listed security in the SET.

****ADR, or American depositary receipt, is a negotiable certificate issued by a U.S. bank

representing a specified number of shares (or one share) in a foreign stock that is traded on a U.S. exchange. ADRs are denominated in U.S. dollars, with the underlying security held by a U.S. financial institution overseas. ADRs help to reduce administration and duty costs that would otherwise be levied on each transaction.

9. CASH AND CASH EQUIVALENTS

31.12.2017 30.06.2017 Audited RM RM

Bank balances 5,822,569 2,192,536


37

10. NUMBER OF UNITS IN CIRCULATION (UNITS) 01.07.2017

to 31.12.2017 01.07.2016

to 30.06.2017 Audited No. of units No. of units

At the beginning of the financial period/year 60,904,560 56,625,677

Add: Creation of units from applications 23,897,360 32,657,976

Less: Cancellation of units (4,769,065) (28,379,093)

At the end of the financial period/year 80,032,855 60,904,560

11. MANAGEMENT EXPENSE RATIO (“MER”)

01.07.2017

to 31.12.2017 01.07.2016

to 31.12.2016 % % MER 1.06 1.16

MER is derived from the following calculation: MER = (A + B + C + D + E) x 100

F A = Management fee (including management fee rebate) B = Trustee’s and custodian fees C = Audit fee D = Tax agent’s fee E = Other expenses excluding Goods and Services Tax ("GST") on transaction costs F = Average NAV of the Fund calculated on a daily basis The average NAV of the Fund for the financial period calculated on a daily basis is RM59,422,678 (31.12.2016: RM40,261,548).

12. PORTFOLIO TURNOVER RATIO (“PTR”) 01.07.2017

to 31.12.2017 01.07.2016

to 31.12.2016 PTR (times) 0.34 0.43

PTR is derived based on the following calculation:

(Total acquisition for the financial period + total disposal for the financial period) ÷ 2 Average NAV of the Fund for the financial period calculated on a daily basis where: total acquisition for the financial period = RM26,436,885 (31.12.2016: RM18,660,534) total disposal for the financial period = RM14,551,917 (31.12.2016: RM15,804,179)


38

13. UNITS HELD BY THE MANAGER AND PARTIES RELATED TO THE MANAGER, AND SIGNIFICANT RELATED PARTY TRANSACTIONS AND BALANCES The related parties and their relationship with the Fund are as follows: Related parties Relationship CIMB-Principal Asset Management Bhd The Manager CIMB Group Sdn Bhd Holding company of the Manager CIMB Group Holdings Bhd (“CIMB”) Ultimate holding company of the Manager CIMB-Principal Asset Management (S) Pte

Ltd Subsidiary of the Manager

CIMB Bank Bhd Fellow related party to the Manager CIMB Investment Bank Bhd Fellow related party to the Manager CIMB Securities Ltd (Korea) Fellow related party to the Manager Subsidiaries and associates of CIMB as

disclosed in its financial statements Subsidiary and associated companies of

the ultimate holding company of the Manager

Units held by the Manager and parties related to the Manager 31.12.2017 30.06.2017 Audited Manager No. of units RM No. of units RM CIMB-Principal Asset Management Bhd 198,574 175,321 49,699 39,044

In the opinion of the Manager, the above units were transacted at the prevailing market price. The units are held beneficially by the Manager for booking purposes. Other than the above, there were no units held by the Directors or parties related to the Manager. In addition to related party disclosures mentioned elsewhere in the financial statements, set out below are other significant related party transactions and balances. The Manager is of the opinion that all transactions with the related companies have been entered into in the normal course of business at agreed terms between the related parties. 31.12.2017 30.06.2017 Audited RM RM Significant related party balances Bank balances: - CIMB Bank Bhd 779 779

There were no significant related party transactions during each of the financial period.


39

14. TRANSACTIONS WITH BROKERS/DEALERS

Details of transactions with the top 10 brokers/dealers for the six months financial period ended 31 December 2017 are as follows: Brokers/Dealers

Value of trades

Percentage

of total trades

Brokerage fees

Percentage of total

brokerage fees

RM % RM % Citigroup Global Markets Ltd 5,330,487

13.00

6,367

7.61

Credit Suisse Securities (Hong Kong) Ltd 4,941,280

12.06

11,740

14.03

Instinet Singapore Services Pte Ltd 4,919,107

12.00

11,202

13.39

DBS Vickers Securities (Singapore) Pte Ltd 4,344,158

10.60

9,110

10.89

CLSA (Hong Kong) Ltd 3,340,232 8.15 8,847 10.58 Sanford C. Bernstein &

Co. 2,704,830

6.60

7,113

8.50 China International

Capital Corporation 1,476,949

3.60

2,561

3.06 Macquarie Securities (S)

Pte Ltd 1,449,035

3.54

4,434

5.30 JP Morgan Securities

Singapore Pte Ltd 1,328,457

3.24

3,098

3.70 CIMB Investment Bank

Bhd 1,056,703

2.58

2,394

2.86 Others 10,097,565 24.63 16,792 20.07 40,988,802 100.00 83,657 100.00


40

14. TRANSACTIONS WITH BROKERS/DEALERS (CONTINUED) Details of transactions with the top 10 brokers/dealers for the six months financial period ended 31 December 2016 are as follows: Brokers/Dealers

Value of trades

Percentage

of total trades

Brokerage fees

Percentage of total

brokerage fees

RM % RM % Macquarie Securities (S)

Pte Ltd 5,070,625

15.30

17,100

20.78 JP Morgan Securities

Singapore Pte Ltd 4,579,778

13.82

12,161

14.78 Sanford C. Bernstein &

Co. 4,250,039

12.83

11,130

13.53 Credit Suisse Securities

(Hong Kong) Ltd 3,562,276

10.75

6,889

8.37 Instinet Singapore

Services Pte Ltd 3,254,483

9.82

9,618

11.69 DBS Vickers Securities

(Singapore) Pte Ltd 1,977,609

5.97

4,269

5.19 CIMB Securities (S) Pte

Ltd # 1,844,219

5.57

1,294

1.57 RHB Securities

Singapore Pte. Ltd 1,512,818

4.57

3,306

4.02 KDB Daewoo Securities

Co Ltd 1,328,751

4.01

2,957

3.59 Citigroup Global Markets Ltd 1,163,903

3.51

3,103

3.77

Others 4,591,709 13.85 10,460 12.71 33,136,210 100.00 82,287 100.00

# Included in the transactions are trades conducted with CIMB Securities (S) Pte Ltd and

CIMB-Investment Bank Bhd, fellow related parties of the Manager amounting to RM818,318 (31.12.2016: RM1,844,219), RM1,056,703 and RM 624,895.The Manager is of the opinion that all transactions with the related companies have been entered into in the normal course of business at agreed terms between the related parties.

15. SEGMENT INFORMATION

The internal reporting provided to the chief operating decision-maker for the Fund’s assets, liabilities and performance is prepared on a consistent basis with the measurement and recognition principles of MFRS and IFRS. The chief operating decision-maker is responsible for the performance of the fund and considers the business to have a single operating segment located in Malaysia. Asset allocation decisions are based on a single, integrated investment strategy and the Fund’s performance is evaluated on an overall basis. The Fund aims to seek capital growth by investing primarily in equities and equity related instruments in the Asia ex Japan. The reportable operating segment derives its income by seeking investments to achieve targeted returns consummate with an acceptable level of risk within the portfolio. These returns consist of dividend income and interest income earned from investments and gains on the appreciation in the value of investments, which are derived from quoted securities listed in the Bursa Malaysia , collective investment scheme and foreign equities of companies domiciled in, listed in, and/or have significant operations in Asia ex Japan. There were no changes in reportable operating segment during the financial period.


41

DIRECTORY Head office of the Manager CIMB-Principal Asset Management Berhad (Company No.: 304078-K) 10th Floor, Bangunan CIMB, Jalan Semantan, Damansara Heights, 50490 Kuala Lumpur, MALAYSIA. Tel: (03) 2084 8888 Postal address CIMB-Principal Asset Management Berhad (Company No.: 304078-K) P.O.Box 10571, 50718 Kuala Lumpur, MALAYSIA. Internet site www.cimb-principal.com.my E-mail address [email protected] General investment enquiries (03) 7718 3100 Trustee for the CIMB-Principal Asian Equity Fund Universal Trustee (Malaysia) Berhad (Company No.:17540-D) No. 1 Jalan Ampang (3rd Floor), 50450 Kuala Lumpur, MALAYSIA. Tel: (03) 2070 8050 Fax: (03) 2031 8715, (03) 2032 3194, (03) 2070 1296


42

LIST OF CWA (an Agency force of CIMB-Principal) OFFICES ADDRESS TELEPHONE REGIONAL OFFICE

Northern Region No 5, Jalan Todak 4, Bandar Sunway, Seberang Jaya, 13700 Perai, Pulau Pinang.

04-370 2155 04-370 2156

Southern Region 23 & 23A, Jalan Harimau Tarum, Taman Century, 80250 Johor Bahru, Johor.

07-334 1748

Central Region 46, 2nd Floor, Jalan SS 21/39, Damansara Utama, 47400 Petaling Jaya, Selangor.

03-7712 2888

Sarawak 5B, Lot 414, Section 10, KTLD Jalan Rubber, 93400 Kuching, Sarawak.

082-259 777

Sabah No 1, Jalan Pasar Baru, Kampung Air, 88000 Kota Kinabalu, Sabah.

088-239 951 088-239 952

BRANCHES

Ipoh 30A, 1st Floor, Persiaran Greentown 1, Greentown Business Centre, 30450 Ipoh, Perak.

05-243 9001 05-243 9002

Kota Bharu Ground Floor, No 298-B, Jalan Tok Hakim, 15000 Kota Bharu, Kelantan.

09-747 1172 09-747 1190

Ampang No 13B, 2nd Floor, Jalan Mamanda 7/1, Off Jalan Ampang, 68000 Ampang, Selangor.

03-4270 2970

Sri Petaling 169-2, Jalan Radin Bagus, Bandar Baru Sri Petaling, 57000 Kuala Lumpur.

03-9059 2333

Melaka 21, Jalan Melaka Raya 24, Taman Melaka Raya, 75000 Melaka.

06-281 1111

Miri 1st & 2nd Floor, Lot 1092, Jalan Merpati, 98000 Miri, Sarawak.

085-432 525

Kuantan No. 44 & 44A, Jalan Putra Square 6, Putra Square, 25000 Kuantan, Pahang.

09-513 4400

FINANCIAL CARE CENTER (FCC)

Financial Planning Centre

46, 2nd Floor, Jalan SS 21/39, Damansara Utama, 47400 Petaling Jaya, Selangor.

03-7718 3000


43

LIST OF CWA (an Agency force of CIMB-Principal) OFFICES (CONTINUED) ADDRESS TELEPHONE SALES OFFICES - Klang Valley-

Charisma Legacy B-1-22 & B-2-22 & B-2-21, Block B 10 Boulevard, Jalan Cempaka Sungai Kayu Ara, 47400 Petaling Jaya, Selangor.

03-7722 3895

AAAAA Wealth Builders

Lot C-615 & Lot C-616, Level 6 Block C Kelana Square, 17 Jalan SS7/26, Kelana Jaya, 47301 Petaling Jaya, Selangor.

03-7880 6893

Megas 2-6A, Jalan PJU 8/3A, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor.

03-7725 6320

Preferred Wealth Advisors

No 12-01, D’Bayu Business Centre, Jalan Serambi U8/24, Bukit Jelutong, 40150 Shah Alam, Selangor.

03-6142 8382

Otye Xcellence Consultants

Lot No 35-2, 2nd Floor, Jalan Sepah Puteri 5/1B, Pusat Dagangan Seri Utama, PJU 5 Kota Damansara, 47410 Petaling Jaya, Selangor.

03-6140 3046

Elite Group Consultants

No 6-2, Jalan Dagang 1/1A, Taman Dagang,

68000 Ampang, Selangor. 03-4251 1129

Prestige Wealth Advisors

I-91-2, Block I, Jalan Teknologi 3/9, Kota Damansara, 47810 Petaling Jaya, Selangor.

03-6140 7275

Magnificent Champion Agency Office

47A, Tingkat 1, Jalan Badminton 13/29, Seksyen 13, 40100 Shah Alam, Selangor.

03-5523 2693

Diamond Star Agency Office

Block E-1-03A & E-2-03A, Jalan SS6/20A,

Dataran Glomac, 47301 Kelana Jaya, Selangor. 03-7880 7082

JAT XO Group D-10-08-G & D10-08-1, Pusat Perdagangan Dana 1, Jalan PJU 1A/46, 47301 Petaling Jaya, Selangor.

03-7831 1267

Nsg Wealth Advisors

32-3, 4th Floor, Jalan Wangsa Delima 6, Kuala Lumpur Satelite Centre (KLSC), Section 5 Wangsa Maju, 53300 Kuala Lumpur.

03-4142 2911

Platinum A-2-1, Block A, 8 Jalan PJU 1A/20A, Dataran Ara Damansara, 47301 Petaling Jaya, Selangor.

03-7843 0506

Platinum 2 A-2-3, Block A, 8 Jalan PJU 1A/20A, Dataran Ara Damansara, 47301 Petaling Jaya, Selangor.

03-7843 0503

Dynamics Wealth Advisors

Unit B-3A-1, Setiawangsa Business Suites, Jalan Setiawangsa 11, Taman Setiawangsa, 54200 Kuala Lumpur.

03-4256 6277


44

LIST OF CWA (an Agency force of CIMB-Principal) OFFICES (CONTINUED) ADDRESS TELEPHONE SALES OFFICES - Klang Valley- (Continued)

My Financial Freedom Advisors

No. 3A, Jalan Hentian 3, Pusat Hentian Kajang,

43000 Kajang, Selangor. 03-8741 4382

Success Concepts Life Planners

J-06-01, Level 6 Block J, Solaris Mont’ Kiara, Jalan Solaris, 50480 Kuala Lumpur.

03-6204 0113

ACES Advisors 37-2, Jalan Cecawi 6/33, PJU 5, Kota Damansara, 47810 Petaling Jaya, Selangor.

03-6142 2970

Monalisa Private Wealth Advisors

No 41B, 43B, Jalan Wan Kadir 2,

Taman Tun Dr Ismail, 60000 Kuala Lumpur. 03-7724 1789

SA-7 No 35B-2 (2nd Floor), Jalan Keluli Am 7/Am, Pusat Perniagaan Bukit Raja, Seksyen 7, 40000 Shah Alam, Selangor.

03-3341 4978

Tremendous Agency

No 65-2, Jalan Nelayan A, 19/A Pusat Daerah Seksyen 19, 40300 Shah Alam, Selangor.

03-5480 0296

The One Asia Advisors

No B-3A-23, Merchant Square, Jalan Tropicana Selatan 1, Tropicana Golf & Country Resort,

47410 Petaling Jaya, Selangor.

03-7887 4408

Wealth Resources Group Advisors

No 41B, 3B Curve Business Park, Medan Pusat Bandar 2D, Seksyen 9, 43650 Bandar Baru Bangi, Selangor.

03-8926 4155

Evoque Wealth Advisors

2nd Floor No 32A-2, Jalan PJU 5/20D, The Strand, Pusat Perdagangan Kota Damansara,

Kota Damansara PJU 5, 47810 Petaling Jaya, Selangor.

03-6151 9512

KPG Management Resources

19-2, Jalan Adenium 2G/9, Adenium Business Centre, Bukit Beruntung, 48300 Rawang, Selangor.

03-6021 7385

Emmaz Wealth Empire

No 17-2, Jalan Rampai Maju 1, Taman Sri Rampai, 53300 Kuala Lumpur.

03-4141 7574

Fidelis Wealth Advisors

No 70-2, Jalan Tasik Utama 7, Medan Niaga Tasik Damai, The Trillium Lake Fields, 57000 Sungai Besi, Kuala Lumpur.

03-9054 8596

Charisma Legacy 1 B-3-21, Block Bougainvillea, 10 Boulevard Lebuhraya Sprint PJU 6A, 47400 Petaling Jaya, Selangor.

03-7733 5009

KPG Capital Growth Solution

No 15-1, Jalan Adenium 2G/9, Adenium Business Centre, 48300 Bukit Beruntung, 48300 Rawang, Selangor.

03-6021 7188


45

LIST OF CWA (an Agency force of CIMB-Principal) OFFICES (CONTINUED) ADDRESS TELEPHONE SALES OFFICES - Klang Valley- (Continued)

Global Amazing Entrepreneur

C-10-2 & C-11-2, Bangi Gateway Shopping Complex, Persiaran Pekililing, Seksyen 15,

43650 Bandar Baru Bangi, Selangor.

03-8920 9038

NRICH Wealth Advisory Group

ZP-02-12, Zest Point, Lebuhraya Bukit Jalil,

Bandar Kinrara, 47180 Puchong, Selangor. 03-8074 8485

Charisma Legacy 3

B-3-17, Block Bouganvilla, 10 Boulevard Lebuhraya Sprint, PJU 6A, Kayu Ara, Damansara Jaya,

47400 Petaling Jaya, Selangor.

03-7733 4211

SWM Advisors Group

Block E-13-2, 2nd Floor, Jalan Serai Wangi M/16M, Alam Avenue 2 Seksyen 16, 40200 Shah Alam, Selangor.

019-388 2067

Synergy Wealth Entrepreneur

98-2, Jalan Dwitasik, Dataran Dwitasik,

Bandar Sri Permaisuri, Cheras, 56000 Kuala Lumpur. 03-9226 5344

Charisma Legacy 2 B-3-25, Block Bougainvillea, 10 Boulevard, Lebuhraya Sprint, PJU 6A, 47400 Petaling Jaya, Selangor.

03-7733 2460

Charisma Legacy Sepang

32A, 1st Floor, Jalan Gemilang 1, Pusat Perniagaan Gemilang, Sepang, 47300 Selangor.

03-8705 3240

SALES OFFICES - Northern-

Charisma Legacy Kota Bharu

PT1671 & 1672, Tingkat 2, Jalan Raja Perempuan Zainab 2, Kubang Kerian, 16150 Kota Bharu, Kelantan.

016-223 6343

NZ Group PT 650, 1st & 3rd Floor, Jalan Sri Cemerlang,

Seksyen 27,15300 Kota Bharu, Kelantan. 09-747 6932

My IFP Kemaman PT 10725, Ground Floor, Jalan Kubang Kurus, Taman Cukai Utama Fasa 4, 24000, Kemaman, Terengganu.

09-858 9911

Amg Synergy Multiresources Sdn Bhd

No 50, Tingkat 1, Jalan Putra Square 1, Malay Town, 25200 Kuantan, Pahang.

09-516 1430


46

LIST OF CWA (an Agency force of CIMB-Principal) OFFICES (CONTINUED) ADDRESS TELEPHONE SALES OFFICES - Southern-

GVG Solution Agency

24-1, Jalan Padi Emas 4/1, Pusat Bandar Tampoi, 81200 Johor Bahru, Johor.

07-232 6976

Kyzan Jaguar Agency

16-01, Jalan Padi Emas 1/5, UDA Business Centre, 81200 Johor Bahru, Johor.

07-300 9350

GVG Pasir Gudang Solution

No 38-01, Jalan Serangkai 18, Taman Bukit Dahlia, 81700 Pasir Gudang, Johor.

012-707 6107

Victorious Agency 98-02, Jalan Pertama 1, Pusat Perdagangan Danga Utama, 81200 Johor Bahru, Johor.

011-121 1840

Soha Barakah Wealth Consultancy

No 55-2, 57-2, 59-2, Jalan TU 49A,

Taman Tasik Utama, Ayer Keroh, 75450, Melaka. 06-2533 289

Premier Wealth Advisors

No 18-1, Jalan S2 B18, Biz Avenue Seremban 2, 70300 Seremban, Negeri Sembilan.

06-601 5749

PremierOne Wealth No 527-1, Jalan Pusat Bandar Senawang, Pusat Bandar Senawang, 70450 Senawang, Negeri Sembilan.

06-671 8253

SALES OFFICES - East Malaysia-

Sibu 15A, Jalan Ruby, 96000 Sibu, Sarawak. 084-325 515

JAT XO Group Bintulu

Shop Lot No 2, Block 49, Of Parent Lot 2646,

Park City Commerce Square, Jalan Kambar Bubin Off Jalan Tun Ahmad Zaidi, 97000 Bintulu, Sarawak.

012-217 2269

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