NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISINGEDUSPEC HOLDINGS BERHAD ("EDUSPEC" OR THE "COMPANY")

PRIVATE PLACEMENT OF UP TO 152,314,000 NEW ORDINARY SHARES IN EDUSPEC, REPRESENTING UP TO APPROXIMATELY 10% OF THE ENLARGED TOTAL NUMBER OF ISSUED SHARES OF EDUSPEC, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER ("PRIVATE PLACEMENT")