We refer to the announcements dated 24 August 2011 and 12 October 2011 in relation to the Proposals.  

On behalf of the Board of Directors of FMHB, RHB Investment Bank Berhad (“RHB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 25 October 2011 resolved to approve the following:-

(i)    listing of and quotation for 40,571,429 new ordinary shares to be issued pursuant to the Proposed Bonus Issue;

(ii)    admission to the Official List and the listing of and quotation for 24,342,857 Warrants to be issued pursuant to the Proposed Free Warrants Issue; and

(iii)    listing of up to 24,342,857 new ordinary shares to be issued pursuant to the exercise of the Warrants.

The approval of Bursa Securities for the Proposals is subject to the following conditions:-

(i)    FMHB and RHB must fully comply with the relevant provisions under the Main Market Listing Requirements (“MMLR”) pertaining to the implementation of the Proposals;

(ii)    FMHB and RHB to inform Bursa Securities upon completion of the Proposals;

(iii)    FMHB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposals are completed;

(iv)    FMHB and RHB are required to make the relevant announcements on the Proposed Bonus Issue pursuant to Paragraph 6.35(2)(a) & (b) and 6.35(4) of the MMLR; and

(v)    FMHB is required to furnish Bursa Securities on a quarterly basis, a summary of the total number of shares listed pursuant to the exercise of the Warrants as at the end of each quarter together with a detailed computation of listing fees payable.

This announcement is dated 25 October 2011.