KOMARKCORP BERHAD ("KOMARK" OR THE "COMPANY")

I.PROPOSED PAR VALUE REDUCTION VIA THE CANCELLATION OF RM0.75 OF THE PAR VALUE OF EVERY EXISTING ORDINARY SHARE OF RM1.00 EACH IN THE ISSUED AND PAID-UP SHARE CAPITAL OF KOMARK PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 ("ACT") ("PROPOSED PAR VALUE REDUCTION");

II.PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 40,637,005 NEW ORDINARY SHARES OF RM0.25 EACH IN KOMARK ("KOMARK SHARE(S)") ("RIGHTS SHARE(S)") AT AN INDICATIVE ISSUE PRICE OF RM0.30 PER RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING KOMARK SHARES HELD, TOGETHER WITH UP TO 40,637,005 FREE DETACHABLE WARRANTS IN KOMARK ("WARRANTS") ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY ONE (1) RIGHT SHARE SUBSCRIBED FOR, ON AN ENTITLEMENT DATE TO BE DETERMINED LATER AFTER THE PROPOSED PAR VALUE REDUCTION ("PROPOSED RIGHTS ISSUE WITH WARRANTS"); AND

III.PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF KOMARK ("PROPOSED AMENDMENTS")

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

The Board of Directors of Komark wishes to announce that the shareholders of Komark have approved and passed all the resolutions as set out in the Notice of Extraordinary General Meeting (“EGM”) dated 29 August 2014 at Komark’s EGM held today, 25 September 2014.

This announcement is dated 25 September 2014.