Pursuant to Part C of Chapter 9, Paragraph 9.04 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Mulpha Strategic Limited (“MSL”), a wholly-owned subsidiary of Mulpha Group Services Sdn Bhd, which in turn is a wholly-owned subsidiary of MIB, has accepted a margin loan facility of up to HK$375 million (equivalent to approximately RM216.3 million based on today’s exchange rate of HK$1.00 to RM0.5767) from Sun Hung Kai Investment Services Limited, Hong Kong. The purpose of the margin loan facility is to partially fund MSL’s subscription of the Series 1 US$60 million 7% Notes due 2019 issued by Mudajaya Ventures Limited under its US$200 million Euro Medium Term Note Programme. 

MSL is a company incorporated in the British Virgin Islands and its paid-up share capital is US$1.00 comprising 1 ordinary share of US$1.00 each. The principal activities of MSL are investment holding and funds management.

This announcement is dated 28 December 2016.