We wish to announce that pursuant to Chapter 9, Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Mulpha Australia Limited, a wholly-owned subsidiary of MIB, had on 3 August 2015, incorporated a limited company known as Norwest Flexi Pty Ltd (“NFPL”). The incorporation of NFPL was notified on 5 August 2015. As a result of the incorporation, NFPL has become an indirect wholly-owned subsidiary of MIB.

NFPL is a company incorporated in Australia with a paid-up share capital of A$2.00.  NFPL is currently dormant. 

None of the directors or substantial shareholders of MIB or persons connected with them has any interest, direct or indirect in the aforesaid incorporation.

This announcement is dated 5 August 2015.