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BURSA ANNOUNCEMENTS

Date: 27 August 2018

OTHERS TALIWORKS CORPORATION BERHAD ("TCB" or "THE COMPANY") - LETTER OF OFFER FROM PENGURUSAN AIR SELANGOR SDN BHD ("AIR SELANGOR") TO SUNGAI HARMONI SDN BHD ("SUNGAI HARMONI"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY


Type Announcement
Subject OTHERS
Description TALIWORKS CORPORATION BERHAD ("TCB" or "THE COMPANY") - LETTER OF OFFER FROM PENGURUSAN AIR SELANGOR SDN BHD ("AIR SELANGOR") TO SUNGAI HARMONI SDN BHD ("SUNGAI HARMONI"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

Reference is made to the earlier announcement dated 21 August 2018 in relation to the letter of offer dated 21 August 2018 from Air Selangor to Sungai Harmoni ("Offer"). Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the aforesaid announcement.

The Board of Directors of Taliworks wishes to announce that the Company's wholly owned subsidiary, Sungai Harmoni has on 27 August 2018 resolved to accept the Offer from Air Selangor.

Sungai Harmoni expects to commence negotiations with Air Selangor to finalise the terms and conditions for the Termination and Settlement Agreement and the New Operations and Maintenance Agreement (collectively as the "Agreements") to be executed by the parties. An appropriate announcement will be released in due course upon the execution of the Agreements.

This announcement is dated 27 August 2018.





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