FUND RAISING

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING

Description PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MALAYSIA STEEL WORKS (KL) BHD (“MASTEEL” OR THE “COMPANY”)(“PROPOSED PRIVATE PLACEMENT”)
We refer to the announcements dated 27 August 2012 and 4 September 2012 in relation to the Proposed Private Placement. On behalf of the Board of Directors of MASTEEL, ECM Libra Investment Bank Berhad (“ECM Libra”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 6 September 2012, approved the listing and quotation of up to 31,586,299 new ordinary shares of RM0.50 each in MASTEEL to be issued pursuant to the Proposed Private Placement.  This announcement is dated 7 September 2012.

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