Conditional take-over offer by IJM for all the ordinary shares of RM1.00 each of Road Builder (M) Holdings Bhd (“RBH”) (“RBH Shares”) at the offer price of RM3.00 per share to be satisfied by the issuance of up to 273,293,885 new ordinary shares of RM1.00 each of IJM (“IJM Shares”) on the basis of one (1) new IJM Share at the issue price of RM6.00 for every two (2) existing RBH Shares (“Offer Shares”) held (“Offer”)
 

Reference is made to the Company’s announcement on 26 February 2007 and Practice Note 19/2006 of the Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”). 

Pursuant to Paragraph 8.15(5) of the Listing Requirements of Bursa Securities and in view that IJM had on 26 February 2007 received acceptances to the Offer exceeding 90% of the total issued and paid-up share capital of RBH, Bursa Securities will suspend trading in RBH Shares immediately on 6 March 2007, being the market day immediately following the expiry of 5 market days from 26 February 2007. 

It is the intention of IJM to delist RBH from the Official List of Bursa Securities (subject to the relevant approvals being obtained, if and where required) after completion of the Offer.