Pursuant to Paragraph 9.04 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of the Company wishes to announce that FMGLV, an indirect wholly-owned subsidiary of the Company has on 18 May 2021 entered into a Joint Venture Agreement with CNL, to formalise and set out the basic terms of their relationship with each other via their respective investment participation in the joint venture through a joint venture company, namely, CN FM Logistics (Malaysia) Sdn. Bhd. (collectively referred to as 'Joint Venture').

Please refer to the attachment for further details of the Joint Venture.

This announcement is dated 18 May 2021.

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FM - Freight Management Holdings Bhd published this content on 18 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 May 2021 02:53:00 UTC.