Announcement – Favelle Favco Berhad (“Ffb” or “Company”) Proposed Acquisition by Ffb of a Crane Fabrication Yard Comprising Freehold Industrial Land, Buildings and Improvements, Located at No. 28 Yarrunga Street, Prestons, New South Wales, 2170 Australia With a Total Land Area Measuring Approximately 11.6 Acres From Muhibbah Engineering (M) Bhd for a Total Purchase Consideration of Aud15,000,000 (Equivalent to Rm48,091,500), to Be Satisfied via the Issuance of 31,678,743 New Ordinary Shares of Rm0.50 Each in Ffb (“Proposed Acquisition”)

November 19, 2012

Company Name	:	FAVELLE FAVCO BERHAD
Stock Name	:	FAVCO
Date Announced	:	19 Nov 2012
Category	:	General Announcement
Reference Number	:	MI-121119-61590

FAVELLE FAVCO BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	FAVELLE FAVCO BERHAD (“FFB”) PROPOSED ACQUISITION BY FFB OF A CRANE FABRICATION YARD COMPRISING FREEHOLD INDUSTRIAL LAND, BUILDINGS AND IMPROVEMENTS, LOCATED AT NO. 28 YARRUNGA STREET, PRESTONS, NEW SOUTH WALES, 2170 AUSTRALIA WITH A TOTAL LAND AREA MEASURING APPROXIMATELY 11.6 ACRES FROM MUHIBBAH ENGINEERING (M) BHD (“MEB”) FOR A TOTAL PURCHASE CONSIDERATION OF AUD15,000,000 (EQUIVALENT TO RM48,091,500), TO BE SATISFIED VIA THE ISSUANCE OF 31,678,743 NEW ORDINARY SHARES OF RM0.50 EACH IN FFB (“FFB SHARES”) (“PROPOSED ACQUISITION”)

We refer to the announcements dated 25 June 2012, 19 September 2012, 16 October 2012, 17 October 2012, 5 November 2012 and 19 November 2012 in relation to the Proposed Acquisition.

On behalf of FFB, Maybank Investment Bank Berhad wishes to announce that the Proposed Acquisition has been completed today with the allotment and issuance of 31,678,743 FFB Shares credited as fully paid-up to MEB on even date.

This announcement is dated 19 November 2012.