Company Announcements

We refer to the Company’s announcements on 2 February 2016, 18 February 2016, 4 October 2016, 31 October 2016, 18 November 2016 and 24 November 2016 (“Company’s Announcements”) and RHB Investment Bank Berhad’s press releases dated 1 February 2016, 30 September 2016, 31 October 2016 and 17 November 2016 (“RHB’s Press Releases”) 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 Company’s Announcements and RHB’s Press Releases.

The Board wishes to announce that the Company has on even date received a notice of unconditional take-over offer (“Notice”) from RHB Investment Bank Berhad on behalf of the Offeror in respect of the Offeror’s obligation to undertake a take-over offer to acquire all the remaining ordinary shares of RM1.00 each in SRC not already owned by the Offeror (“Offer Shares”) for a cash offer price of RM1.92 per Offer Share.

A copy of the Notice is attached herewith and will be dispatched to the holders of the Offer Shares within seven (7) days of its receipt.

This announcement is dated 19 December 2016.