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Date: 17 November 2015

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING CREST BUILDER HOLDINGS BERHAD ("CBHB" OR "COMPANY") PROPOSED PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF CBHB ("PROPOSED PLACEMENT")


Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description CREST BUILDER HOLDINGS BERHAD ("CBHB" OR "COMPANY")

PROPOSED PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF CBHB ("PROPOSED PLACEMENT")

Unless otherwise defined, defined terms used throughout this announcement shall carry the same meanings as defined in the announcements dated 11 November 2014, 13 November 2014, 25 November 2014, 5 May 2015 and 19 May 2015 in relation to the Proposed Placement ("Announcements").

We refer to the Announcements.

On behalf of the Company, Kenanga IB wishes to announce that the Board has decided not to proceed with the implementation of the Proposed Placement in view of current market conditions.

This announcement is dated 17 November 2015.




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