1. INTRODUCTION

The Board of Directors of FMH wishes to announce that the Company had on 15 November 2010 entered into an agreement with the Vendors, Ms Pang Chooi Kuan (NRIC No. 811002-05-5208) and Mr. Chay Kah Choon (NRIC No. 740523-10-5535) to acquire 2 ordinary shares of RM1.00 each, representing 100% of the issued and paid-up capital in Exterian Enterprise Sdn Bhd (“Exterian Enterprise”), a company incorporated under the laws of Malaysia for a total consideration of RM250,000.00. (“the Acquisition”). The details of the vendors are as follows:-

2. DETAILS OF THE ACQUISITION

2.1 Background Information

Exterian Enterprise, was incorporated in Malaysia and having its registered office at 32, Jalan USJ 3A/5, 47610 Subang Jaya, Selangor with an authorized share capital of Ringgit Malaysia One Hundred Thousand only (RM100,000.00) divided into One Hundred Thousand (100,000) ordinary shares of Ringgit Malaysia One (RM1.00) each of which two (2) ordinary shares of Ringgit Malaysia One (RM1.00) each have been issued and paid up. Exterian Enterprise is engaged in the business of freight forwarding and transport agents and in particular the courier of parcels.

Upon completion of the Acquisition, Exterian Enterprise will become a wholly-owned subsidiary of FMH

3. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS

None of the Directors, major shareholders of the Company and/or persons connected with them has any interest, direct and/or indirect in the Acquisition.

4. FINANCIAL EFFECTS ON THE ACQUISITION

The Acquisition is not expected to have a material effect on the earnings and net assets of the Company but is expected to contribute positively in future.

5. APPROVAL REQUIRED

The acquisition is not subject to approval of any relevant authorities or shareholders.

6. DIRECTORS’ STATEMENT

The Board of Directors of FMH is of the opinion that the Acquisition is in the best interest of the Company.

This announcement is dated 15 November 2010.