We
refer to the announcements made on 26 September 2013, 30 September 2013 and 4
October 2013 in relation to the Proposed Private Placement (Announcements). Unless otherwise
defined, the definitions set out in the Announcements shall apply herein.
On behalf of SRHB, TA Securities wishes
to announce that the Board has on 27 January 2014 (Price-fixing Date) fixed
the issue price for the first tranche of the placement of 4,500,000 Placement Shares at RM0.18 per Placement Share (Issue Price).
The Issue Price represents a discount
of approximately RM0.0192 or 9.64% over the five (5)-day volume weighted
average market price of the SRHB Shares up to and including 24 January 2014
being the last market day immediately preceding the Price-fixing Date, of RM0.1992
per SRHB Share.
This announcement is dated 27
January 2014.