MAXIS BERHAD PROSPECTUS

(Company No. 867573-A) (Incorporated in Malaysia under the Companies Act, 1965)

INITIAL PUBLIC OFFERING OF 2,250,000,000 ORDINARY SHARES OF RM0.10 EACH IN MAXIS BERHAD (OFFER SHARES) COMPRISING: (I) THE INSTITUTIONAL OFFERING OF 2,037,705,000 OFFER SHARES TO MALAYSIAN AND FOREIGN INSTITUTIONAL AND SELECTED INVESTORS AND BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY; AND THE RETAIL OFFERING OF 212,295,000 OFFER SHARES TO THE MALAYSIAN PUBLIC, ELIGIBLE CUSTOMERS, DEALERS AND DISTRIBUTORS AND EMPLOYEES OF MAXIS BERHAD AND ITS SUBSIDIARIES AND THE DIRECTORS OF MAXIS BERHAD AND MAXIS COMMUNICATIONS BERHAD AT THE PRICE OF RM5.20 PER SHARE (IPO PRICE), PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO A REFUND OF THE DIFFERENCE IN THE EVENT THAT THE FINAL IPO PRICE IS LESS THAN THE IPO PRICE.

(II)

THE FINAL IPO PRICE WILL EQUAL THE LOWER OF (I) THE IPO PRICE OF RM5.20 PER SHARE; AND (II) 95.0% OF THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING (SUBJECT TO ROUNDING TO THE NEAREST SEN).
Principal Adviser
(A Participating Organisation of Bursa Malaysia Securities Berhad)

CIMB Investment Bank Berhad (18417-M)

Joint Managing Underwriters for the Retail Offering

(Company Number: 23742-V) (A member of AmInvestment Bank Group)

AmInvestment Bank Berhad

CIMB Investment Bank Berhad

(18417-M) (A Participating Organisation of Bursa Malaysia Securities Berhad)

Maybank Investment Bank Berhad

(15938-H) (formerly known as Aseambankers Malaysia Berhad) (A Participating Organisation of Bursa Malaysia Securities Berhad)

RHB Investment Bank Berhad

(Company Number: 19663-P) (A Participating Organisation of Bursa Malaysia Securities Berhad)

Joint Global Co-ordinators and Joint Bookrunners for the Institutional Offering CIMB Investment Bank Berhad (18417-M)
(A Participating Organisation of Bursa Malaysia Securities Berhad) (Company Registration Number: 197702363D)

Credit Suisse (Singapore) Limited

(Company Registration Number: 198602165W)

Goldman Sachs (Singapore) Pte.

Joint Bookrunners for the Institutional Offering

(Company Registration Number: 2711006)

J.P. Morgan Securities Ltd

(Company Registration Number: 1550505)

Nomura International plc

(Company Registration Number: F0009086)

UBS AG

Adviser to the Selling Shareholder

(Company Number 19663-P) (A Participating Organisation of Bursa Malaysia Securities Berhad)

RHB Investment Bank Berhad

INVESTORS ARE ADVISED TO READ AND UNDERSTAND THE CONTENTS OF THIS PROSPECTUS. IF IN DOUBT, PLEASE CONSULT A PROFESSIONAL ADVISER. FOR INFORMATION CONCERNING CERTAIN RISK FACTORS WHICH INVESTORS SHOULD CONSIDER, SEE RISK FACTORS IN SECTION 5 OF THIS PROSPECTUS. LISTING SOUGHT : MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD THIS PROSPECTUS IS DATED 28 OCTOBER 2009

173