Reference is made to DMBs announcements made on 28 April 2014, 5
May 2014, 12 May 2014, 15 May 2014, 26 May 2014, 5 June 2014 and 17 July 2014(Announcements) in respect of the
Proposed Disposal.
The Board of
Directors of DMB wishes to announce that the Company had on 31 December 2014
received a letter from Purchaser agreeing to waive the Put Option under Clause
7.1 of the Sale Shares Agreement dated 28 April 2014.
The Company had also
on 31 December 2014 received a letter from Purchaser requesting for a
reduction in the Call Option Price from RM8.80 per
Call Option Share to RM7.50 per Call Option Share.
The Board has duly
accepted the waiver of the Put Option as well as the reduction in price for the
purchase of the Call Option Shares having considered all aspects and was of the
opinion that this arrangement is in the best interest of DMB.
[Note: Amendments as underlined]