We refer to the announcement dated 24 October 2018 in relation to the Proposed Bonus Issue. Unless otherwise defined, the definitions set out in the previous announcement shall apply herein.

We refer to the announcements dated 24 October 2018 and 25 October 2018 in relation to the Proposed Bonus Issue.

On behalf of the Board of Directors of Freight Management, RHB Investment Bank Berhad (“RHBIB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has, vide its letter dated 7 November 2018, resolved to approve the listing of 93,074,223 new Freight Management ordinary shares to be issued pursuant to the Proposed Bonus Issue.

The approval granted by Bursa Securities is subject to the following conditions:

1. Freight Management and RHBIB must fully comply with the relevant provisions under the Main Market Listing Requirements (“Listing Requirements”) pertaining to the implementation of the Proposed Bonus Issue;
2. Freight Management and RHBIB to inform Bursa Securities upon the completion of the Proposed Bonus Issue;
3. Freight Management to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue is completed; and
4. Freight Management and RHBIB are required to make the relevant announcements pursuant to Paragraphs 6.35(2)(a) & (b) and 6.35(4) of the Listing Requirements.

This announcement is dated 8 November 2018.