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Proposed placement of up to 12,171,428 new ordinary shares of RM0.50 each in FMH, representing up to 10% of the enlarged issued and paid-up share capital of FMH ("Proposed Placement")

BackMar 30, 2009
General Announcement
Reference No MI-090330-55440

Submitting Merchant Bank
:
 RHB INVESTMENT BANK BERHAD 
Company Name
:
 FREIGHT MANAGEMENT HOLDINGS BERHAD 
Stock Name
:
 FREIGHT
Date Announced
:
 30/03/2009


Type
:
 Announcement
Subject
:
FREIGHT MANAGEMENT HOLDINGS BHD ("FMH" or "Company")

Proposed placement of up to 12,171,428 new ordinary shares of RM0.50 each in FMH, representing up to 10% of the enlarged issued and paid-up share capital of FMH ("Proposed Placement")

Contents
:
Reference is made to the announcement dated 17 October 2008 on the Proposed Placement.

On behalf of the Board of Directors of FMH, RHB Investment Bank Berhad wishes to announce that the Company proposes a further extension of time for a period of 6 months up to 12 October 2009, to implement the Proposed Placement. The relevant application to seek an extension of time to implement the Proposed Placement has been submitted to the Securities Commission.

This announcement is dated 30 March 2009.