(The terms used herein shall, unless the context otherwise stated, bear the meaning as those defined in the announcement dated 11 October 2011 in relation to the Proposed Private Placement.)

We refer to the announcement dated 11 October 2011 in relation to the Proposed Private Placement.

On behalf of the Board of Directors of asiaEP, TA Securities Holdings Berhad is pleased to furnish the additional details on the proposed utilisation of the Placement Proceeds, as per attached.

This announcement is dated 13 October 2011.