1. Details of Corporate Proposal |
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Private Placement |
| Details of corporate proposal | PRIVATE PLACEMENT OF 51,290,000 ORDINARY SHARES OF RM0.25 EACH IN EVERGREEN FIBREBOARD BERHAD ("EFB") ("EFB SHARES") REPRESENTING APPROXIMATELY 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF EFB (EXCLUDING TREASURY SHARES) |
| No. of shares issued under this corporate proposal | 51,290,000 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 2.0500 |
| Par Value ($$) | Malaysian Ringgit (MYR) 0.250 |
Latest issued and paid up share capital after the above corporate proposal in the following |
| Units | 564,290,000 |
| Currency | Malaysian Ringgit (MYR) 141,072,500.000 |
| Listing Date | 01 Dec 2015 |