Zero Coupon 2003/2010 Irredeemable Convertible Unsecured Loan Stocks with nominal value of RM1.00 each ("ICULS")
Reason
Part settlement of the inter-company advances made by Arab-Malaysian Corporation Berhad ("AMCORP") to Arab-Malaysian Corporation Industrial City Sdn. Bhd. by way of issuance of ICULS of AMDB Berhad to AMCORP upon completion of the Share Sale Ageement dated 20 June 2002.
Deemed interest arises by reason of being a substantial shareholder of AMCORP.