The Board of Directors of Titijaya (“Board”) is pleased to announce that its wholly-owned subsidiary, Liberty Park Development Sdn Bhd ("LPDSB") had on 17 September 2015, received a Money Lending Licence under the Moneylenders Act 1951 (Act 400), issued by the Department of Moneylenders and Pawnbrokers, the Ministry of Urban Wellbeing, Housing and Local Government (“Ministry”) via the Ministry’s letter dated 21 August 2015.

The Money Lending Licence will diversify Titijaya’s earnings base and is expected to contribute positively to Titijaya’s earnings for the financial year ending 30 June 2016 when LPDSB commences its money lending business.

None of the Directors or major shareholders of Titijaya and/or persons connected with them have any interests, whether direct or indirect in the Money Lending Licence.

This announcement is dated 17 September 2015.