One of the obligations as a GN3 Company is to appoint a sponsor within 3 months from the
above-mentioned date. As announced on 17 August 2012, the Company had applied to Bursa seeking an extension of time for appointing a Sponsor. Bursa had on 13 September 2012 rejected the Company¡¯s application.

In this circumstances and pursuant to Rule 8.04(5) of the ACE LR, the company wishes to announce that:-

(a) the trading in the securities of the Company will be suspended with effect from 24 September 2012; and

(b) the securities of the Company will be de-listed on 26 September 2012 unless an appeal is submitted to Bursa on or before 21 September 2012 ("the Appeal Timeframe"). Any appeal submitted after the Appeal Timeframe will not be considered by Bursa.

(c) In the event that the Company submits an appeal to Bursa within the Appeal Timeframe, the removal of the securities of the Company from the Official List of Bursa on 26 September 2012 shall be deferred pending the decision on the Company's appeal.

With respect to the securities of the Company which are currently deposited with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository"), the securities may remain deposited with Bursa Depository notwithstanding the de-listing of the securities from the Official List of Bursa. It is not mandatory for the securities of a company which has been de-listed to be withdrawn from Bursa Depository.

Alternatively, shareholders of the Company who intend to hold their securities in the form of physical certificates, can withdraw these securities from their Central Depository System (CDS) accounts maintained with Bursa Depository at anytime after the securities of the Company have been de-listed from the Official List of Bursa. This can be effected by the shareholders submitting an application form for withdrawal in accordance with the procedures prescribed by Bursa Depository. These shareholders can contact any Participating Organisation of Bursa and/or Bursa' General Line at 03-2034 7000 for further information on the withdrawal procedures.

Upon the de-listing of the Company, the Company will continue to exist but as an unlisted entity. The Company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the Company's performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa.

This announcement is dated 13 September 2012.