Take-overs & Mergers (Paragraph/Rule 9.19 (47A))

(Unless otherwise stated, all abbreviations used herein shall have the same meaning as defined in the announcements dated 9 March 2018 and 14 March 2018. (“Announcements”))

We refer to the Announcements. 

The Board of Directors MBMR wishes to announce that the Board had received a letter from Med-Bumikar today informing that Board of Directors of Med-Bumikar had, at a meeting held on 26 March 2018, deliberated on the Offer and had decided to reject the Offer.

This announcement is dated 26 March 2018.