Reference is made to the announcements dated 8 February 2010, 14 October 2011, 21 December 2012, 21 August 2013, 6 December 2013 and 23 June 2014.

CHHB wishes to update that CHHB and the Government of Malaysia had, on 18 December 2014, entered into a Consent Order to the effect that, as CHHB's and the Government of Malaysia's respective appeals, by way of Case Stated, to the Kuala Lumpur High Court vide Kuala Lumpur High Court (Appellate & Special Powers Division) Civil Appeal No.: R2-14-15-11/2014, against the decision of the Special Commissioners of Income Tax handed down on 21 August 2013, involves the same issues and facts as in the Government of Malaysia's action in the Kuala Lumpur High Court Suit No.: S-21-19-2010, CHHB and the Government of Malaysia consent and agree that the issue of whether CHHB is liable or obligated, if any, to pay the Government of Malaysia the sums claimed as Real Property Gains Tax and 10% penalty, in the Government of Malaysia's action in the Kuala Lumpur High Court Suit No.: S-21-19-2010, is to be dependent on:

(1) the decision or order to be made in respect of CHHB's and the Government of Malaysia's appeals, by way of Case Stated, to the Kuala Lumpur High Court vide Kuala Lumpur High Court (Appellate & Special Powers Division) Civil Appeal No.: R2-14-15-11/2014, against the decision of the Special Commissioners of Income Tax handed down on 21 August 2013; and

(2) the decision or order of any subsequent appeal, to be filled by any party, to the Court of Appeal against the decision of the High Court as particularised in paragraph (1) above.

The effect of this Consent Order is that in the Government of Malaysia's action in the Kuala Lumpur High Court Suit No.: S-21-19-2010 now comes to an end by virtue of terms of the Consent Order.

This announcement is dated 19 December 2014.