The Board of Directors of PBA Holdings Bhd. (the "Company") is pleased to announce that the resolutions as set out in the notice of Eighteenth Annual General Meeting ("18th AGM") of the Company dated 30 April 2018 were duly approved by way of poll by the shareholders and proxy holders of the Company at the 18th AGM held on 28 June 2018 except for the following resolutions which have been withdrawn following theGovernment Appointed Directors who had ceased to hold office as announced on 14 May 2018: -

a) Resolution 3 - Tuan Lim Hock Seng; and

b) Resolution 4 - Dato' Haji Abdul Malik bin Abul Kassim.

The remaining resolutions were voted by poll and the results of the poll were validated byMessrs. Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.

Please refer to the attachment for the results of the poll.

This announcement is dated 28 June 2018.