The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Corporate Exercises.

We refer to the announcements dated 31 July 2013, 16 August 2013, 6 September 2013, 19 November 2013, 12 December 2013, 13 December 2013 and 16 January 2014.

On behalf of the Board, AFFIN Investment wishes to announce that as at the close of acceptance and payment for the Rights Issue with Warrants as at 5.00 p.m. on 16 January 2014, the Rights Shares have been oversubscribed by 46.69% over the total number of 281,631,485 Rights Shares available for subscription pursuant to the Rights Issue with Warrants.

The details of the valid acceptances and excess applications received as at the close of acceptance and payment for the Rights Issue with Warrants as at 5.00 p.m. on 16 January 2014 are set out below:

Following the above and as stated in the Abridged Prospectus dated 30 December 2013, the Board has resolved to allot the Excess Rights Shares with Warrants in the following manner and priority:

(i)               firstly, to minimise the incidence of odd lots;

(ii)              secondly, for allocation to the Entitled Shareholders who have applied for the Excess Rights Shares with Warrants, on a pro-rata basis and in board lot, calculated based on their respective shareholdings as at the Entitlement Date;

(iii)            thirdly, for allocation to Entitled Shareholders who have applied for Excess Rights Shares with Warrants, on a pro-rata basis and in board lot, calculated based on the quantum of Excess Rights Shares with Warrants applied for; and

(iv)            finally, for allocation to renouncee(s) who have applied for Excess Rights Shares with Warrants, on a pro-rata basis and in board lot, calculated based on the quantum of their respective Excess Rights Shares with Warrants applied for.

The Rights Shares and the Warrants are expected to be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 30 January 2014.

This announcement is dated 22 January 2014.