The Board of Directors of SGB is pleased to announce that the Securities Commission Malaysia (“SC”) has approved under subsection 214(1) and authorised under subsection 256C(1) of the Capital Markets and Services Act 2007 of the MTN Programme, via its letter dated 13 March 2014 and received by SGB on 13 March 2014. Prior to the first issuance of the MTN under the MTN Programme, SGB is required to submit a checklist of compliance with the standard conditions and continuing obligations as stipulated in the Guidelines on Private Debt Securities, and any other condition imposed in any other letter issued in connection with the MTN Programme.

MIDF Amanah Investment Bank Berhad (“MIDF Investment”) has been mandated by SGB as the Principal Adviser/ Lead Arranger/ Lead Manager/ Facility Agent in respect of the MTN Programme.

The tenure of the MTN Programme shall be more than one (1) year and up to seven (7) years from the date of the first issuance which shall be made within two (2) years from the date of approval from the SC.

RAM Rating Services Berhad has accorded a long term preliminary rating of AAA_(bg) for the MTN Programme.

The coupon rate will be determined prior to the issuance and the coupon is payable semi-annually.

The MTN may be issued via private placement on a best effort basis or via a bought deal basis as SGB may select.

The proceeds raised from the MTN Programme shall be utilised by the Company to refinance existing SGB and/or its subsidiaries banking facilities, to part-finance the capital expenditure for Sentoria’s Bukit Gambang Resort City development as well as payment of fees and expenses in relation to MTN Programme.

This announcement is dated 13 March 2014.