Further to the Companys announcement dated 18 June 2012 in relation to the MOU entered into between the Company, the vendors of Polyware Sdn Bhd (PWSB) and KMB Trading Sdn Bhd (KMBT), the Board of Directors of SCCH wishes to announce that the MOU has been automatically extended for an additional one (1) month to 18 October 2012 (Extended Period), as provided under Clause 2.1 of the MOU.
The said Extended Period is to facilitate the additional time required for the completion of the legal, financial and operational due diligence audits on PWSB and KMBT and their subsidiaries.
This announcement is dated 18 September 2012.