On behalf of EFB, Aseambankers Malaysia Berhad (“Aseambankers”) had made an application to the SC on 21 October 2008 to seek a further extension of time (“Extension of Time”) to comply with certain conditions imposed by the SC as part of their listing exercise as follows:

(i) to transfer and register the properties for parcel No. 03-35, 03-36, 03-37, 03-39, 03-41, 03-43 and 03-45, Mukim of Pelentong, District of Johor Bahru under the name of Dawa Timber Industries (M) Sdn Bhd;

(ii) to obtain approved building plans and subsequently certificate of fitness (“CF”) for the unapproved structure situated on PTD 11229, Mukim of Seri Gading, District of Batu Pahat as well as obtaining CF/ certificate of practical completion (“CPC”) for structures which have been approved but yet to be issued with CF/CPC; and

(iii) to obtain approved building plans and subsequently CF for the unapproved structure situated on Lot No. 10321, Mukim of Seri Gading, District of Batu Pahat.

The SC had, vide its letter dated 30 October 2008, approved the Extension of Time for one (1) year until 4 November 2009 subject to the following conditions:

(i) Aseambankers/EFB is required to make quarterly announcements to Bursa Malaysia Securities Berhad on the status of the applications; and

(ii) Aseambankers/EFB is required to inform the SC on the status of the applications when the quarterly announcements are made.

This announcement is dated 3 November 2008.