CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:    (i) PART A : PROPOSED ACQUISITION BY URBAN REACH SDN BHD, A 55%-OWNED SUBSIDIARY OF FCW HOLDINGS BERHAD ("FCW"), FROM JKB DEVELOPMENT SDN BHD OF A PARCEL OF LEASEHOLD INDUSTRIAL LAND HELD UNDER PAJAKAN MUKIM 1029, LOT 30487, JALAN GENTING KELANG, MUKIM OF SETAPAK, DISTRICT OF KUALA LUMPUR, WILAYAH PERSEKUTUAN KUALA LUMPUR FOR A TOTAL CASH CONSIDERATION OF RM43.08 MILLION ("PROPOSED ACQUISITION"); AND    (ii) PART B: INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF FCW IN RELATION TO THE PROPOSED ACQUISITION

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:    (i) PART A : PROPOSED ACQUISITION BY URBAN REACH SDN BHD, A 55%-OWNED SUBSIDIARY OF FCW HOLDINGS BERHAD ("FCW"), FROM JKB DEVELOPMENT SDN BHD OF A PARCEL OF LEASEHOLD INDUSTRIAL LAND HELD UNDER PAJAKAN MUKIM 1029, LOT 30487, JALAN GENTING KELANG, MUKIM OF SETAPAK, DISTRICT OF KUALA LUMPUR, WILAYAH PERSEKUTUAN KUALA LUMPUR FOR A TOTAL CASH CONSIDERATION OF RM43.08 MILLION ("PROPOSED ACQUISITION"); AND    (ii) PART B: INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF FCW IN RELATION TO THE PROPOSED ACQUISITION [FCW]