(Reference is made to the announcements dated 24 March 2017 and 14 April 2017 in relation to the Proposed Bonus Issue ('Announcements'). Unless otherwise stated, definitions used in this announcement shall carry the same meanings as those defined in the Announcements.)

On behalf of the Board, Maybank IB wishes to announce that Bursa Securities has vide its letter dated 21 April 2017, resolved to approve the listing and quotation of the following:

(i) up to 4,713,076,518 Bonus Shares to be issued pursuant to the Proposed Bonus Issue;

(ii) up to 530,929,125 additional Warrants-B pursuant to adjustments arising from the Proposed Bonus Issue; and

(iii) up to 530,929,125 new GDEX Shares arising from the exercise of the additional Warrants-B,

subject to the following conditions:

(i) GDEX and Maybank IB must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities ('Listing Requirements') pertaining to the implementation of the Proposed Bonus Issue;

(ii) GDEX and Maybank IB to inform Bursa Securities upon the completion of the Proposed Bonus Issue;

(iii) GDEX to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Bonus Issue is completed; and

(iv) GDEX and Maybank IB are required to make the relevant announcements pursuant to Paragraphs 6.35(2)(a) and (b), and 6.35(4) of the Listing Requirements.

This announcement is dated 21 April 2017.

GD Express Carrier Bhd published this content on 21 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 April 2017 01:46:02 UTC.

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