CIRCULAR TO SHAREHOLDERS IN RELATION TO THE I. PROPOSED DISPOSAL BY KANZEN KAGU SDN BHD, A WHOLLY-OWNED SUBSIDIARY COMPANY OF FACB INDUSTRIES INCORPORATED BERHAD ("FACB"), OF A PARCEL OF LEASEHOLD INDUSTRIAL LAND ERECTED UPON WITH TWO (2) DETACHED FACTORIES AND OTHER SUPPORTING STRUCTURES, MEASURING 81,520.56 SQUARE METRES HELD UNDER H.S.(D) 132498, LOT PT 64, SECTION 23, CITY OF SHAH ALAM, DISTRICT OF PETALING, SELANGOR DARUL EHSAN, TO ABSOLUTE DEAL SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM97.00 MILLION; AND II. PROPOSED DISPOSAL BY FACB OF 10,000,000 ORDINARY SHARES OF RM1.00 EACH, REPRESENTING 100% EQUITY INTEREST IN KANZEN TETSU SDN BHD TO KENTZU STEEL SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM34.50 MILLION AND NOTICE OF EXTRAORDINARY GENERAL MEETING

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