Company Announcements

We refer to the Company’s announcement on 2, February 2016, 18 February 2016, 30 September 2016 and RHB Investment Bank Berhad’s press release dated 31 October 2016 (“RHB’s Press Release”) in relation to the disposal of shares by the Company’s major shareholder. Unless otherwise defined in this announcement, all capitalised terms and expressions used herein shall have the same meanings ascribed to them in the announcement dated 2 February 2016 and RHB’s Press Release.

The Board of Directors of the Company (“Board”) wishes to announce that it has received a copy of a press release/notice issued by RHB Investment Bank Berhad, acting as principal adviser on behalf of Malaysia Hengyuan International Limited (“MHIL”) after market trading hours on 31 October 2016, wherein SRC was notified that the period for the conditions precedent to be fulfilled under the SPA has been further extended to 17 November 2016.

A copy of the press release issued by MHIL is enclosed herewith for your information.

This announcement is dated 31 October 2016.