Bursa Announcement

References are made to the Company’s announcements dated 5 August 2011 and 23 May 2014 in relation to the Sale and Purchase Agreement dated 5 August 2011 and Supplemental Agreement dated 23 May 2014 entered into between the Company and DNP Land Sdn. Bhd. ( “Vendor”) for the acquisition of a piece of vacant land held under No. H.S.(D) 59864  No. PT Lot 30908, Mukim 15, Daerah Seberang Perai Tengah, Negeri Pulau Pinang at the revised purchase price of Ringgit Malaysia Forty Seven Million One Hundred Five Thousand Two Hundred Thirty Nine and Sen Eighty (RM47,105,239.80) only for the purpose of constructing and operating a shopping centre and a departmental store cum supermarket (“Acquisition of Land”).

The Board of Directors of the Company wishes to announce that the Acquisition of Land has been completed on 13 June 2014, the date of the presentation of the Memorandum of Transfer and relevant documents at the relevant land office for the purpose of registration

This announcement is dated 13 June 2014.