(I) Proposed Bonus Issue of 72,000,000 New Ordinary Shares in AEON Credit Service (M) Berhad ("AEON Credit") ("Bonus Shares") at an Issue Price of RM0.50 each to be Capitalised from AEON Credit's Retained Earnings on the Basis of 1 Bonus Share for Every 2 Existing AEON Credit Ordinary Shares Held; and

(II) Proposed Renounceable Rights Issue of 3-Year, 3.5% Irredeemable Convertible Unsecured Loan Stocks on the Basis of 2 ICULS for Every 1 Existing AEON Credit Share Held After The Proposed Bonus Issue to Raise RM432,000,000 in Cash.

The Board of Directors of AEON Credit is pleased to announce that all the resolutions as set out in the Notice of theExtraordinary General Meeting ("EGM") ofAEON Creditdated6 June 2017 were duly passed by way of poll at the EGM of AEON Credit held today. The results of the poll were validated by Boardroom Business Solution Sdn. Bhd., the independent scrutineer appointed by AEON Credit.

Please refer to the attachment for the details of the result of the poll.

This announcement is dated 21 June 2017.

Please refer attachment below.