BURSA ANNOUNCEMENTS

On behalf of the Board of Directors of Taliworks Corporation Berhad (“TCB” or “Company”), CIMB Investment Bank Berhad (“CIMB”) wishes to announce that the Company proposes to undertake the following:

(I)    Proposed share split involving the subdivision of every two (2) existing ordinary shares of RM0.50 each in TCB held by the entitled shareholders of TCB on an entitlement date to be determined later into five (5) ordinary shares of RM0.20 each in TCB (“TCB Shares” or “Shares”) (“Proposed Share Split”);

(II)    Proposed amendments to the memorandum and articles of association of TCB (“Proposed Amendments”); and

(III)    Proposed issue of up to 241.93 million free warrants in TCB (“Warrants”) on the basis of one (1) Warrant for every five (5) TCB shares held by the entitled shareholders of TCB after the Proposed Share Split on an entitlement date to be determined later. (“Proposed Free Warrants Issue”)

The Proposed Share Split, the Proposed Amendments and the Proposed Free Warrants Issue shall collectively be referred to as the “Proposals”.

Please refer to the attachment for the full announcement in relation to the Proposals.

This announcement is dated 22 July 2015.