We wish to announce that pursuant to Chapter 9, Paragraph 9.19(24) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Leisure Farm Corporation Sdn Bhd (“LFC”) had on 2 December 2013, disposed of 2 ordinary shares of RM1/- each, representing 100% of the total issued and paid-up share capital of Eco Green Services Sdn Bhd (formerly known as Eco Green Management Services Sdn Bhd) (“EGS”) to Mulpha Land Berhad (“MLB”) for a total consideration of RM20,000/-. LFC is a wholly-owned subsidiary of MIB.  MIB, which holds 61.93% in MLB, is the holding company of MLB.

LFC was incorporated on 12 November 1983 and its authorised and paid-up share capital are RM5,000,000/- and RM3,150,000/- respectively. The principal activities of LFC are property development and the development of a country resort.

EGS was incorporated on 29 May 1995 and its authorised and paid-up share capital are RM100,000/- and RM2/- respectively. The principal activity of EGS is to carry on the business of maintenance services and facilities management services.

This announcement is dated 3 December 2013.