Unless otherwise stated, all abbreviations used herein shall have the same meaning as defined in the offer document in relation to the Offer dated 11 August 2025 ("Offer Document").

Reference is made to the Offer Document which sets out the terms and conditions of the Offer, the press notices dated 7 August 2025 and 27 August 2025.

The Board of Directors of FACB wishes to announce that FACB has received a press notice from UOBKH, on behalf of the Offeror and the Ultimate Offeror, informing on the following:-

1.  OFFER BECOMES UNCONDITIONAL

As stated in the Offer Document, the Offer is conditional upon the fulfilment of the Acceptance Condition, wherein the Offeror having received, on or before the Closing Date, valid acceptances in respect of the Offer Shares (provided that such acceptances are not, where permitted, subsequently withdrawn), which would result in the Offeror and the Ultimate Offeror holding more than 50% of the voting shares in FACB (excluding treasury shares) (including Shares that are already acquired, held or entitled to be acquired or held by the Offeror and the Ultimate Offeror).

On behalf of the Offeror and the Ultimate Offeror, and as the date hereof, UOBKH wishes to inform that the Offeror has received valid acceptances in respect of the Offer Shares which resulted in the Offeror and the Ultimate Offeror holding more than 50% of the voting shares in FACB (excluding treasury shares) (including Shares that are already acquired, held or entitled to be acquired or held by the Offeror and the Ultimate Offeror). Accordingly, the Acceptance Condition is met and the Offer has become unconditional on Thursday, 28 August 2025 ("Unconditional Date").

In addition, pursuant to subparagraph 12.01(3)(b) of the Rules, the Offeror and the Ultimate Offeror shall keep the Offer open for acceptances for at least 14 days from the Unconditional Date, which in any event, shall not be later than the 60th day from the Posting Date.

2.  CLOSING DATE

Pursuant to the above, unless extended or revised, the Offer shall remain open for acceptances until 5.00 p.m. (Malaysian time) on Monday, 15 September 2025, being the Extended Closing Date.

Where a period specified in the Rules which appears in the notice ends on a day which is not a Market Day, the period is extended until the next Market Day. As the Extended Closing Date falls on Monday, 15 September 2025 which is a public holiday, the said period is extended until the next Market Day, i.e. Wednesday, 17 September 2025.

3.  SETTLEMENT OF THE OFFER

The settlement of the consideration for the Offer Shares, in respect of valid acceptance, will be effected via:-

(i) remittance into the Accepting Holders' bank account, if the Accepting Holders have registered their bank account with Bursa Depository for the purposes of cash dividend/distribution; or

(ii) otherwise, remittance in the form of cheque(s), banker's draft(s) and/or cashier's order(s) which will be posted by ordinary mail to the Accepting Holders (or their designated agents, as they may direct) at their registered Malaysian addresses last maintained with Bursa Depository, at their own risk,

within 10 days from:-

(a) the date the Offer becomes or is declared wholly unconditional, if the valid acceptances are received during the period when the Offer is still conditional; or

In this respect, the settlement will be made within 10 days from 28 August 2025 (being the Unconditional Date) in respect of valid acceptances received during the Offer Period up to 28 August 2025.

(b) the date of the valid acceptances, if the valid acceptances are received during the period after the Offer is or has become or has been declared wholly unconditional.

In this respect, the settlement will be made within 10 days from the date of valid acceptance in respect of valid acceptance received from 29 August 2025 up to the Closing Date.

Save for the abovementioned, all other details, terms and conditions of the Offer as set out in the Offer Document remain unchanged.

Please refer to the attached press notice for further information.

This announcement is dated 28 August 2025. 

Please refer attachment below.