Initial Public Offering ("IPO") on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Malaysia'')

Feytech Holdings is an investment holding company and through its subsidiaries (Collectively "Feytech Group" or the "Group''), the Group is principally an automotive cover manufacturer and automotive seat manufacturer based in Malaysia.

IPO of 252,940,800 ordinary shares in Feytech Holdings ("Shares'') in conjunction with the listing of and quotation for the entire enlarged issued share capital of Feytech Holdings on the Main Market of Bursa Malaysia comprising:

(A) A public issue of 143,324,800 new Shares in the following manner:

1. 42,160,000 new Shares available for application by the Malaysian public;
2. 25,296,000 new Shares available for application by the eligible directors and employees as well as persons who have contributed to the success of Feytech Holdings and its subsidiaries; and
3. 75,868,800 new Shares available by way of private placement to selected investors;

and

(B) Offer for sale of 109,616,000 existing Shares in the following manner:

1. 105,400,000 existing Shares by way of private placement to Bumiputera investors approved by the Ministry of Investment, Trade and Industry; and
2. 4,216,000 existing Shares by way of private placement to selected investors.