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(Unless stated otherwise, all expressions used in this announcement shall carry the same meanings as defined in the announcement dated 25 June 2014).

We refer to the announcements dated 25 June 2014 and 26 June 2014 in relation to the Proposed Private Placement (“Announcements”).

On behalf of the Board of Directors of Prestariang (“Board”), CIMB Investment Bank Berhad (“CIMB”) is pleased to announce that Bursa Securities has, vide its letter dated 2 July 2014, approved the listing and quotation of up to 44,000,000 new Prestariang Shares, representing up to 10% of the existing issued and paid-up share capital of Prestariang (excluding treasury shares) to be issued pursuant to the Proposed Private Placement, subject to the following conditions:

(i)         Prestariang and CIMB must fully comply with the relevant provisions under the Main Market Listing Requirements (“Main Market LR”) pertaining to the implementation of the Proposed Private Placement;

(ii)         Prestariang and CIMB to inform Bursa Securities upon completion of the Proposed Private Placement;

(iii)        Prestariang to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed;

(iv)        Prestariang to furnish Bursa Securities with a certified true copy of the resolution passed pursuant to Section 132D of the Companies Act, 1965 in the event the current authority has expired.

Prestariang is required to ensure full compliance of all the requirements pertaining to the Proposed Private Placement as provided under the Main Market LR at all times.

In addition, on behalf of the Board, CIMB also wishes to clarify that in respect of the utilisation of proceeds for the development and expansion of existing business for the Proposed Private Placement (as disclosed in the announcement dated 25 June 2014) whereby in the event such business expansion opportunities do not crystallise within the expected timeframe and the proceeds will be used for working capital purposes, the detailed breakdown of the working capital has yet to be determined at this juncture.  The detailed breakdown will be informed to the shareholders once it is determined.

This announcement is dated 2 July 2014.