We refer to the announcements dated 16 December 2016 and 19 December 2016 in relation to the Proposal. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements in relation to the Proposal.

On behalf of the Board, RHB Investment Bank wishes to announce that the issue price of the new GDEX Shares to be issued pursuant to the Proposal has been fixed today ('Price Fixing Date') at RM1.5229 per new GDEX Share. The issue price is computed based on the volume weighted average market price for the five (5) market days (up to and including 30 December 2016) prior to the Price Fixing Date of RM1.7021 minus the first and final single-tier dividend per GDEX Share of one (1) sen and applying a discount of approximately ten percent (10%).

On behalf of the Board, RHB Investment Bank also wishes to announce that the book closure date for the first and final single-tier dividend and dividend reinvestment plan ('DRP') shall be 17 January 2017.

Barring any unforeseen circumstances, the new GDEX Shares arising from the DRP will be listed on the Main Market of Bursa Securities on 20 February 2017.

This announcement is dated 3 January 2017.

GD Express Carrier Bhd published this content on 03 January 2017 and is solely responsible for the information contained herein.
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