Ancom Berhad ("Company") wishes to announce that it has acquired the entire 2 ordinary shares of RM1/= each in Arena Anggerik Sdn Bhd (Co. No. 1116635-T) (“AASB”) at par for cash.

AASB was incorporated in Malaysia on 6 November 2014 under the Companies Act, 1965. The authorised share capital of AASB is RM400,000/= of which RM2/= made up of 2 ordinary shares of RM1/= each have been issued and fully paid-up.

Currently, AASB is a dormant company.

This announcement is dated 29 February 2016.