July 5, 2010

Company announcements: ASIABIO

ASIABIO - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Submitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: ASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market)
Stock Name: ASIABIO
Date Announced: 05/07/2010

Announcement Detail:
Admission Sponsor: Kenanga Investment Bank Bhd

Sponsor: Same as above

Whether the corporate proposal involves the issuance of new type and new class of securities?: No

Types of corporate proposal: Private Placement

Details of corporate proposal: ASIA BIOENERGY TECHNOLOGIES BERHAD ("ABT" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF ABT ("PROPOSED PRIVATE PLACEMENT")

No. of shares issued under this corporate proposal: 25,000,000

Issue price per share ($$): MYR 0.100

Par Value ($$): MYR 0.100

Units: 275,000,000

Currency: MYR 0.100

Listing Date: 06/07/2010



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