Further to our announcements made on 17 October 2014, 17 March 2015, 16 April 2015, 15 May 2015 and 16 June 2015, the Company has been informed today by Tan Sri Dato’ (Dr) Ir Chan Ah Chye @ Chan Chong Yoon (“TSDCAC”), a Director and substantial shareholder of the Company, that Kumpulan Europlus Berhad (“KEB”) and TSDCAC have via a letter dated 15 July 2015 agreed to further extend the Unconditional Date to fulfill the conditions precedent of the conditional share sale agreement dated 17 October 2014 in relation to the proposed disposal of 900,000,000 ordinary shares of RM0.20 each in TTB (“TTB Share(s)”) representing 21.34% of the issued and paid-up share capital of TTB, by KEB to TSDCAC for a total cash consideration of approximately RM99.00 million, for a further one (1) month period from 16 July 2015 to 16 August 2015.
This announcement is dated 15 July 2015.