Ancom Berhad (“Ancom” or “the Company”) – Proposed Capital Distribution By Nylex (Malaysia) Berhad (“Nylex”), A Subsidiary Of The Company; And – Proposed Disposals Of The Entire Issued And Paid-Up Share Capital Of Four (4) Wholly-Owned Subsidiaries Of Ancom, Namely Perusahaan Kimia Gemilang Sdn Bhd, Fermpro Sdn Bhd, Kumpulan Kesuma Sdn Bhd And Wedon Sdn Bhd, To Nylex For A Total Sale Consideration Of RM64,427,000 To Be Satisfied By The Issuance Of 128,854,000 New Ordinary Shares Of RM0.50 In Nylex At An Issue Price Of RM0.50 Per Share Credited As Fully Paid-Up After The Proposed Capital Distribution (“Proposed Disposal”)

18 February 2003

Ancom Berhad (“Ancom” or “the Company”) – Proposed Capital Distribution By Nylex (Malaysia) Berhad (“Nylex”), A Subsidiary Of The Company; And – Proposed Disposals Of The Entire Issued And Paid-Up Share Capital Of Four (4) Wholly-Owned Subsidiaries Of Ancom, Namely Perusahaan Kimia Gemilang Sdn Bhd, Fermpro Sdn Bhd, Kumpulan Kesuma Sdn Bhd And Wedon Sdn Bhd, To Nylex For A Total Sale Consideration Of RM64,427,000 To Be Satisfied By The Issuance Of 128,854,000 New Ordinary Shares Of RM0.50 In Nylex At An Issue Price Of RM0.50 Per Share Credited As Fully Paid-Up After The Proposed Capital Distribution (“Proposed Disposal”)

Official announcement published on Bursa Malaysia for ANCOM NYLEX BERHAD (4758).

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