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 9 October 2015, incorporated a limited company known as Mulpha Funds Management Pty Ltd (“MFM”). The incorporation of MFM was notified on 5 November 2015. As a result of the incorporation, MFM has become an indirect wholly-owned subsidiary of MIB.

MFM is a company incorporated in Australia with a paid-up share capital of A$10.00.  MFM 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 November 2015.