The Board of Directors of RCE wishes to announce that its indirect wholly-owned subsidiary, RCE Equity Sdn Bhd had on 29 May 2015 entered into a sale and purchase agreement with Living Development Sdn Bhd, a wholly-owned subsidiary of Amcorp Properties Berhad, for the proposed disposal of an office unit bearing postal address Unit No. 1502, Level 15, Menara PJ, Pusat Perdagangan Amcorp, No. 18, Jalan Persiaran Barat, 46050 Petaling Jaya, Selangor Darul Ehsan held under Strata Title No. PN21919/M1-A/16/334, Lot No. 19, Section 26, Town of Petaling Jaya, District of Petaling, State of Selangor for a total cash consideration of RM3.3 million (“Proposed Disposal”).

Further details on the Proposed Disposal are set out in the attachment.

This annoucement is dated 29 May 2015.