zaidsmadi"The Company wishes to clarify the contents of the last paragraph under Section 3 of the MOU by stating clearly that it proposes for students who have a grade A, B, and B composition in all 3 subjects namely Chemistry, Biology and Mathematics be qualified to enroll directly into Year 1 Medical Degree programme or otherwise pursue a foundation year at PMC Penang.
The Company apologizes for the typographical error under Section 7 of the MOU - FINANCIAL EFFECTS ON THE MOU in the last line which repeats the word “earnings”. It shall be read as follows:-
“The MOU is not expected to have any effect on the issued and paid-up capital, substantial shareholders’ shareholdings, net assets per share and gearing of the ICB Group for the financial year ending 31 March, 2015. Barring unforeseen circumstances, the Board is of the opinion that the MOU will contribute positively to the earnings of ICB Group in the future.”
This announcement is made on 26th November, 2014."