| NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING |
| (RIGHTS ISSUES, PRIVATE PLACEMENT, ETC) |
| ENVAIR HOLDING BERHAD (ENVAIR or COMPANY) |
| PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 23,711,160 NEW ORDINARY SHARES OF |
| RM0.10 EACH IN ENVAIR (RIGHTS SHARES) TOGETHER WITH UP TO 47,422,320 FREE |
| DETACHABLE WARRANTS AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ON THE BASIS |
| OF ONE (1) RIGHTS SHARE TOGETHER WITH TWO (2) FREE DETACHABLE WARRANTS FOR |
| EVERY FIVE (5) EXISTING ORDINARY SHARES OF RM0.10 EACH IN ENVAIR (PROPOSED |
| RIGHTS ISSUE) |