On
behalf of the Board of Directors of Rev Asia (“Board”), RHB Investment Bank Berhad (“RHBIB”) wishes to announce that the Company proposes to undertake a
proposed disposal of up to 52,500,000 iCar Asia Shares, representing
approximately 27.20% equity interest in iCar Asia, at a disposal price to be
determined later.
Further details of
the Proposed Disposal are set out in the attachment below.
This announcement is dated 8 September 2014.