INTRODUCTION

The Board of Directors of MBMR wishes to announce that Hirotako Kein Hing Sdn. Bhd. ("HKHSB") and Duralux Sdn. Bhd. (“DSB”), both wholly-owned subsidiary companies of Hirotako Holdings Berhad ("HHB"), which in turn is a subsidiary of MBMR, have resolved by way of special resolution at their respective extraordinary general meetings ("EGMs") held on 30 June 2015 to approve the voluntary winding-up pursuant to Section 254 of the Companies Act 1965.

1. INFORMATION ON HIROTAKO KEIN HING SDN. BHD.

HKHSB was incorporated on 7 August 1998 with an authorised share capital of RM1,000,000 comprising 1,000,000 ordinary shares of RM1.00 each, of which RM1,000,000 comprising 1,000,000 ordinary shares of RM1.00 each were issued and fully paid up. It has ceased its business operations on 1 April 2007 and has since remained dormant. HKHSB is not a major subsidiary of MBMR Group (“the Group”).

2. INFORMATION ON DURALUX SDN. BHD.

DSB was incorporated on 25 November 1994 with an authorised share capital of RM5,000,000 comprising 5,000,000 ordinary shares of RM1.00 each, of which RM1,000,002 comprising 1,000,002 ordinary shares of RM1.00 each were issued and fully paid up. It has ceased its business operations on 1 January 2007 and has since remained dormant. DSB is not a major subsidiary of MBMR Group.

3. RATIONALE FOR VOLUNTARY WINDING-UP

HKHSB and DSB have been dormant since 2007 and HHB has no future plan to activate the business or operation of these companies.

4. DETAILS OF VOLUNTARY WINDING-UP

HKHSB and DSB have resolved by way of special resolution at their respective EGMs held on 30 June 2015 to approve the voluntary winding-up pursuant to Section 254 of the Companies Act 1965 and also resolved to appoint Ms. Lee Wai Ngan and Ms. Chan Toye Ying of Systems Associates Sdn. Bhd. as liquidators of the Companies for the purposes of the voluntary winding-up.

5. EFFECT OF THE VOLUNTARY WINDING-UP

The voluntary winding-up proceedings of HKHSB and DSB will not have any operational impact on or result in any loss to the Group. The voluntary winding-up of the Companies also will not have any material effect on the earnings, net assets and gearing of MBMR for the current financial year ending 31 December 2015.

There is no effect on the issued and paid-up share capital and the substantial shareholders’ shareholding in MBMR.

6. STATEMENT BY DIRECTORS

The Directors of MBMR, having considered all aspects of the voluntary winding-up, are of the opinion that the voluntary winding-up is in the best interest of HHB, MBMR and its shareholders.

None of the Directors or major shareholders of MBMR or persons connected to them have any interest, direct or indirect, in the voluntary winding-up.

This announcement is dated 8 July 2015.