The Board of Directors of MBMR wishes to announce that the Company will be seeking shareholders' approval at the forthcoming Twenty-Second Annual General Meeting of MBMR on Proposed Authority for the Company to purchase up to Ten per Cent (10%) of its own issued and paid-up share capital and Proposed Renewal of Existing Shareholders' Mandate and Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Shareholders' Mandates")

A circular to shareholders containing details of the Proposed Shareholders' Mandates will be despatched to the shareholders of the Company together with the Company's Annual Report in due course. 

This announcement dated 11 April 2016.