Further to the announcements made on 25 July
2007, 24 October 2007, 19 December 2007, 11 April 2008, 23 May 2008 and 16
June 2008, the Company wishes to announce that the Acquisition Of IJMPRP is
completed today.
Upon the completion of the Acquisition Of IJMPRP,
the Company’s equity interest in IJMPRP has increased from zero to 100% of the
issued and paid-up share capital of IJMPRP. The Company had sought
confirmation from the Securities Commission on downstream take-over offer
requirements under Practice Note 2.2 of the Malaysian Code on Take-Overs and
Mergers, 1998 in relation to certain subsidiaries and associated companies
that are not wholly-owned by IJMPRP and the said confirmation is pending as of
todate.
