On 17 February 2016, Kumpulan Europlus Berhad ("KEB") had announced that all conditions precedent set out in the SSA, as amended by the SA, have been fulfilled on 16 February 2016. Accordingly, the SSA has become unconditional on 16 February 2016 (“Unconditional Date”). In accordance with the terms of the SSA, the completion of the First Tranche Sale Shares and Second Tranche Sale Shares will be completed within 30 days and 18 months after the Unconditional Date respectively, or such other extension of time or later date, the parties may agree in writing. The First Tranche Sale Shares and Second Tranche Sale Shares comprise of the following respectively:-

(i)  500,000,000 ordinary shares of RM0.20 in TTB at the price of RM0.085 per ordinary share or RM42,500,000.00 ("First Tranche Sale Shares") and to be completed within 30 days after the Unconditional Date or such other extension of time or later date, the parties may agree in writing ("First Completion Date”).

(ii) 400,000,000 ordinary shares of RM0.20 in TTB at the price of RM0.095 per ordinary share or RM38,000,000.0 ("Second Tranche Sale Shares") and to be completed within 18 months after the Unconditional Date or such other extension of time or later date, the parties may agree in writing ("Second Completion Date”).

The Company wishes to announce that it 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 KEB and TSDCAC have via a letter dated 17 March 2016 agreed to extend the First Completion Date for a further one (1) month period thereby extending the last day of the First Completion Date to complete the First Tranche Sale Shares from 17 March 2016 to 17 April 2016.

This announcement is dated 17 March 2016.