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 Finance Holdings Pty Ltd, a wholly-owned subsidiary of Mulpha Australia Limited, which in turn is a wholly-owned subsidiary of MIB, has on 10 January 2018, incorporated a limited company known as Mulpha Finance SPV 1 Pty Ltd (“MFSPV”). As a result of the incorporation, MFSPV has become an indirect wholly-owned subsidiary of MIB.

MFSPV is a company incorporated in Australia with a paid-up share capital of A$2.00.  MFSPV 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 10 January 2018.