The Board of Directors of the Company is pleased to announce that the shareholders of the Company have at the Tenth Annual General Meeting ("10th AGM") held on 12 March 2015 approved all the resolutions set out in the Notice of 10th AGM dated 18 February 2015, except for the Ordinary Resolution 3 of which has been withdrawn as the Auditors, Messrs. Wong Weng Foo & Co. ("WWF"), has indicated their intention of not seeking for re-appointment at the 10th AGM. WWF has been prohibited by the Audit Oversight Board from accepting any audit appointment for public interest entities for 1 year from 30 June 2014.

The Company will convene an Extraordinary General Meeting in due course to appoint the new Auditors.