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| We wish to inform the Bursa Malaysia Securities Berhad that the following related parties of PacificMas have invested in Pacific AsiaPac Income Fund, a unit trust fund managed by Pacific Mutual:- |
| Date of Investment |
Name of Investor |
Relationship with PacificMas |
Amount of Investment
(RM) |
Price per unit (RM)
|
| 13 December 2006 |
Datuk Fong Weng Phak |
Director of Pacific Mutual |
200,000.00 |
0.4762 |
| 13 December 2006 |
Fong Min Hun |
A person connected to a Director of Pacific Mutual |
50,000.00 |
0.4762 |
| 13 December 2006 |
Fong Min Yuan |
A person connected to a Director of Pacific Mutual |
50,000.00 |
0.4762 |
|
| Pacific Mutual is a subsidiary of PacificMas Berhad and its principal business activities are establishment and management of unit trust funds. |
| The aforesaid transactions are not subject to the approval of the shareholders of PacificMas and the relevant govenment authorities. |
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| This announcement is dated 3 January 2007. |
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