We refer to the announcements dated 30 July 2013, 18 October 2013, 28
October 2013, 30 October 2013, 6 December 2013, 13 October 2014, 24 October
2014 and 31 October 2014 in relation to the Bumiputera Issue (Announcements). Unless otherwise
defined, the definitions set out in the Announcements shall apply herein.
On behalf of ES Ceramics, TA Securities wishes to announce that ES
Ceramics had on 20 November 2014 notified the SC that ES Ceramics is deemed to
have complied with the Bumiputera Equity Requirements pursuant to the terms and
conditions as set out in the approval letter from the SC dated 26 November 2013.
In view that the Bumiputera Issue was undertaken to facilitate the
compliance of the Bumiputera Equity Requirements and ES Ceramics is deemed to
have complied with the Bumiputera Equity Requirements, the Board has decided
not to implement the remaining Bumiputera Issue.
This announcement is dated 24
November 2014.