We wish to announce that Mulpha Investments Pty Limited (“MIPL”), a subsidiary of MIB has on 12 February 2014, entered into a conditional share sale agreement (“SSA”) with Aveo Group Limited (“AVEO”), Mulpha Australia Limited (“MAL”), Mulpha FKP Pty Limited (“MFKP”) and Norwest Real Estate Pty Ltd to acquire the remaining 49.99% of the total issued and paid-up share capital of MFKP, from AVEO for a total purchase consideration of A$55,952,344 (equivalent to approximately RM167.88 million based on the exchange rate of A$1.00:RM3.00 as at 12 February 2014) (“Proposed Acquisition”).  MIPL currently holds 50.01% of the total issued and paid-up share capital of MFKP, which is a jointly controlled entity of MIPL. Upon completion of the Proposed Acquisition, MFKP will be a wholly-owned subsidiary of MIPL.

Kindly refer to the attached document for the complete announcement.

This announcement is dated 13 February 2014.