Company Name	FAVELLE FAVCO BERHAD
Stock Name	FAVCO
Date Announced	19 Nov 2012
Category	Additional Listing Announcement (ALA)
Reference No	MI-121119-52638

Additional Listing Announcement

FAVELLE FAVCO BERHAD

1. Details of Corporate Proposal
Whether the corporate proposal involves the issuance of new type and new class of securities?	No
Types of corporate proposal	Acquisitions
Details of corporate proposal	Proposed Acquisition by Favelle Favco Berhad (“FFB”) of a Crane Fabrication Yard Comprising Freehold Industrial Land, Buildings and Improvements, Located at No. 28 Yarrunga Street, Prestons, New South Wales, 2170 Australia with a Total Land Area Measuring Approximately 11.6 Acres from Muhibbah Engineering (M) Bhd (“MEB”) for a Total Purchase Consideration of AUD15,000,000 (Equivalent to RM48,091,500), to be Satisfied via the Issuance of 31,678,743 New Ordinary Shares of RM0.50 Each in FFB (“FFB Shares”) (“Proposed Acquisition”)
No. of shares issued under this corporate proposal	31,678,743
Issue price per share ($$)	MYR 1.518
Par Value ($$)	MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units	211,967,763
Currency	MYR 105,983,881.500
Listing Date	20/11/2012