The provision of Financial Assistance pursuant to Paragraph 8.23(1)(ii) and Practice Note 11 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad for the quarter ended 30 September 2019 which is necessary to facilitate the ordinary course of business of the associate of FBG as follows:-

Associate

Financial Assistance

Amount

BFB Project Pty. Ltd.

 Advance

AUD9,332,517.98

(Equivalent to RM26,405,426.37)

Kerjaya Jutamas Sdn. Bhd.

 Advance

RM4,200,000.00

The above provision of Financial Assistance has no material impact on the share capital, earnings, net assets and gearing of FBG Group.

This announcement is dated 20 November 2019.