The Board of Directors of Vivocom Intl Holdings Berhad (formerly known as Instacom Group Berhad) (“Vivocom” or “the Company”) is pleased to announce that its subsidiary company, Neata Aluminium (Malaysia) Sdn Bhd (“Neata”), had :-

1. On 4 April 2016, received and accepted the Letter of Award (“LOA”) from PBT Engineering Sdn Bhd for the execution and completion of aluminium and glazing works as nominated sub-contract for a commercial development known commercially as Third Avenue Cyberjaya, comprising three (3) office blocks with enclosed car parks and retail space at PT 12059, Jalan Teknokrat 3, Cyber 4, Cyberjaya. The contract amount is RM22,550,000 (Ringgit Malaysia Twenty Two Million Five Hundred Fifty Thousand). This project shall commence on 4 April 2016 and shall be completed within Seventeen (17) months from the date of commencement; and
2. On 4 April 2016, received and accepted the Letter of Award (“LOA”) from V-Development Sdn Bhd for the design, supply and installation of aluminium doors and windows and glazing works for a gated housing scheme at Bandar Ulu Klang, Daerah Gombak, Selangor. The contract amount is RM15,000,000 (Ringgit Malaysia Fifteen Million). This project shall commence on 1 July 2016 and shall be completed within Eighteen (18) months from the date of commencement.

(“Collectively known as the Projects”)

The Projects are expected to contribute positively to the earnings and net assets of Vivocom for the duration of the Projects.

The risks associated with the Projects are mainly operational risks and risk of delay in completion of the Projects. Notwithstanding this, the management of Vivocom will strive to ensure full compliance to the operational procedures in the execution of the requirements of the Projects.

The Projects are in the ordinary course of business and are not subject to the approval of the shareholders of the Company or any other relevant government authorities in Malaysia.

None of the directors and/or major shareholders of Vivocom or persons connected to them have any interest, direct or indirect, in the above Projects.

This announcement is dated 4 April 2016.