Gadang Holdings Berhad ("the Company") wishes to announce that at the 19th Annual General Meeting ("AGM") of the Company held on 21 November 2012, the shareholders of the Company had approved all the ordinary resolutions as set out in the notice of the AGM dated 30 October 2012:-

1. Receipt of the Audited Financial Statements for the year ended 31 May 2012 and the Reports of the Directors and Auditors thereon.

2. Approval of the payment of a first and final dividend of 2% less 25% income tax in respect of the financial year ended 31 May 2012.

3. Approval of the payment of Directors' fees of RM150,000 in respect of the financial year ended 31 May 2012.

4. Re-election of Datuk Wan Lokman Bin Dato' Wan Ibrahim as Director of the Company in accordance with Article 108 of the Company's Articles of Association.

5. Re-appointment of Messrs PKF as Auditors of the Company and authorisation to the Directors to fix their remuneration.

6. Authority to Directors to issue shares pursuant to Section 132D of the Companies Act, 1965.

7. Approval for renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature and for Provision of Financial Assistance.

8. Approval for Datuk Wan Lokman Bin Dato' Wan Ibrahim to continue to act as an Independent Non-Executive Director of the Company.

9. Approval for Encik Adam Bin Bachek to continue to act as Independent Non-Executive Director of the Company.

This announcement is dated 21 November 2012.