1) SUBSCRIPTION OF 1,815,000 ORDINARY SHARES OF RM1.00 EACH IN FUTUTECH BERHAD'S RIGHTS ISSUES OF 1:1 AT PAR BY KAMUNTING CORPORATION BERHAD ("KCB").
2) ACQUISITION OF 5,894,000 ORDINARY SHARES OF RM 1.00 EACH IN FUTUTECH BERHAD BY SAMUDRA PELANGI SDN. BHD. ("SPSB") FROM THE UNDERWRITERS OF FUTUTECH BERHAD'S RIGHTS ISSUE.
KCB HAS AN INDIRECT INTEREST BY VIRTUE OF SECTION 6A (4) OF THE COMPANIES ACT, 1965 HELD THROUGH SPSB, A WHOLLY-OWNED SUBSIDIARY OF KCB.