REPLY TO THE LETTER FROM BURSA MALAYSIA SECURITIES BERHAD DATED 2 NOVEMBER 2016 (REF: LD/MAIN/IQL-02112016-00001)

We refer to the above article appearing in the Starbiz, Page 2, on Tuesday, 1 November 2016, a copy of which is enclosed for you reference.

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-
       
1)  Confirm or deny the article;

2)  To provide the details of the sale; and

3)  To state the impact and effect of the sale on the financial and operation of the Company.

In accordance with Bursa Securities' Corporate Disclosure Policy, kindly furnish Bursa Securities with an announcement for public release confirming or denying the above reported article after due and diligent enquiry with all the directors, major shareholders and all such other persons reasonably familiar with the matters about which the disclosure is to be made in this respect. In the event you deny the above or any other part of the article, you are required to set forth facts sufficient to clarify any misleading aspects of the same. In the event you confirm the above or any other part of the article, you are required to set forth facts sufficient to support the same.

Please furnish Bursa Securities with your reply via Bursa Link immediately.

Yours faithfully,
KHOO KAY KWAN
Senior Vice President, Issuers,
Listing Division, Regulation
KKK/KHB/ne

c.c : Market Surveillance Dept., Securities Commission (via fax)