FSBM - Notice Of Rights Entitlement (Ratio)

RENOUNCEABLE RIGHTS ISSUE OF UP TO 236,659,300 NEW ORDINARY SHARES IN FSBM HOLDINGS BERHAD ("FSBM") ("FSBM SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING FSBM SHARE HELD AS AT 5.00 P.M. ON FRIDAY, 25 AUGUST 2023, TOGETHER WITH UP TO 118,329,650 FREE DETACHABLE WARRANTS IN FSBM ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 RIGHTS SHARES SUBSCRIBED FOR AT AN ISSUE PRICE OF RM0.03 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")

Kindly be advised of the following :

1) The above Company’s securities will be traded and quoted “Ex-Rights Issue” as from: 24 Aug 2023
2) The last date of lodgment : 25 Aug 2023
3) Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-                     a) Selling Broker to deduct <1/2>, of Selling Price against the Selling Client
          b) Buying Broker to deduct <10%>, of Purchase Price against the Buying Client
          c) Between Broker and Broker, the deduction of <1/2>, of the Transacted Price is applicable.

Remarks :

The Abridged Prospectus together with the Notice of Provisional Allotment and Rights Subscription Form in relation to the Rights Issue with Warrants (collectively, the "Documents") will only be despatched to the shareholders of FSBM whose names appear in the Company's Record of Depositors as at the Entitlement Date ("Entitled Shareholders") who have a registered address in Malaysia or who have provided the Share Registrar, Tricor Investor & Issuing House Services Sdn Bhd, with a registered address in Malaysia in writing by the 5.00 p.m. on 25 August 2023.

The Documents are not intended to be (and will not be) issued, circulated or distributed and the Rights Shares with Warrants are not intended to be (and will not be) made or offered or deemed to be made or offered for purchase or subscription in any countries or jurisdictions other than Malaysia or to persons who are or may be subject to the laws of any countries or jurisdictions other than the laws of Malaysia.

Entitled Shareholders who do not have a registered address in Malaysia for the service of documents and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on 25 August 2023.

The Documents will be despatched to the Entitled Shareholders no later than 2 market days after the Entitlement Date.

Acceptance of and payment for the Provisional Allotments and Excess Applications must be made by way of Rights Subscription Form enclosed together with the Abridged Prospectus or via any methods in the manner as set out in the Abridged Prospectus.