AFFIN Holdings Berhad ("AHB") wishes to announce that Classic Precision Sdn. Bhd. ("CPSB"), a 67% owned subsidiary of AFFIN Investment Bank Berhad which is in turn a wholly-owned subsidiary of AHB, had on 15 March 2013 commenced Member's Voluntary Winding-up pursuant to Section 254(1)(b) of the Companies Act, 1965.

Pursuant thereto, Datuk Tan Leh Kiah of AD-Consult Sdn. Bhd., Suite 13.03, 13th Floor, Menara Tan & Tan, 207 Jalan Tun Razak, 50400 Kuala Lumpur, has been appointed as Liquidator.

Brief information of CPSB

CPSB was incorporated on 17 May 2002; its authorised share capital consists of RM100,000-00 divided into 100,000 ordinary shares of RM1.00 each and its paid up share capital is RM10,000-00 consisting of 10,000 ordinary shares of RM1.00 each fully paid.

Rationale for the Winding-up

The Member's Voluntary Winding-up of CPSB is to rationalise and streamline the AHB Group Structure.

Effects of the Winding-up

The winding-up of CPSB will not have any financial effect on the AHB Group.

This announcement is dated 15 March 2013.