Date: 10 November 2017

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS KRONOLOGI ASIA BERHAD ("KAB" OR THE "COMPANY") PROPOSED ACQUISITION OF THE ENTIRE SHARE CAPITAL OF QUANTUM STORAGE (HONG KONG) LIMITED FOR A PURCHASE CONSIDERATION OF UP TO RM45,000,000 ("PROPOSED ACQUISITION")


Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description KRONOLOGI ASIA BERHAD ("KAB" OR THE "COMPANY") PROPOSED ACQUISITION OF THE ENTIRE SHARE CAPITAL OF QUANTUM STORAGE (HONG KONG) LIMITED FOR A PURCHASE CONSIDERATION OF UP TO RM45,000,000 ("PROPOSED ACQUISITION")

We refer to the announcements made on 9 October 2017 and 10 October 2017 in relation to the Proposed Acquisition ("Announcements"). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, TA Securities wishes to announce that Bursa Securities had, vide its letter dated 10 November 2017, resolved to approve the listing of up to 40,816,326 Consideration Shares to be issued pursuant to the Proposed Acquisition.

The approval granted by Bursa Securities for the listing and quotation of the Consideration Shares is subject to the following conditions:

(i) KAB and TA Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Acquisition;

(ii) KAB and TA Securities to inform Bursa Securities upon the completion of the Proposed Acquisition;

(iii) KAB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Acquisition is completed; and

(iv) TA Securities to furnish a schedule on the information set out in Appendix 8E, Chapter 8 of the Listing Requirements to Bursa Securities, upon completion of the Proposed Acquisition.

KAB is required to ensure full compliance of all the requirements as provided under the Listing Requirements at all times.

This announcement is dated 10 November 2017.





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