The Board of Directors of Prinsiptek Corporation Berhad (“PCB”) is pleased to announce that the shareholders of PCB have at its 12^th Annual General Meeting (“AGM”) held on 29 May 2014 approved all the resolutions as set out in the Amended Notice of AGM dated 8 May 2014, except for Special Resolution No.1 (Proposed change of Company’s Name from Prinsiptek Corporation Berhad to PST Holdings Berhad) which was withdrawn and not table for voting at the AGM.

This announcement is dated 29 May 2014.