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 24 February 2016, incorporated a limited company known as Circa 1 Pty Limited (“CPL”). As a result of the incorporation, CPL has become an indirect wholly-owned subsidiary of MIB.

CPL is a company incorporated in Australia with a paid-up share capital of A$2.00.  CPL 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 25 February 2016.