OTHERS LETTER OF ACCEPTANCE FOR CONSTRUCTION OF THE PROPOSED SUNGAI BESI-ULU KELANG ELEVATED EXPRESSWAY (SUKE)

## fields Subject :: OTHERS ## para The Company is pleased to announce that its subsidiary, HCM Engineering Sdn Bhd (“HCM”) has received a letter of acceptance from Turnpike Synergy Sdn Bhd for the construction of the proposed Sungai Besi-Ulu Kelang Elevated Expressway (SUKE) (“Contract”). ## para The Contract with a value of approximately RM315.8 million is to be undertaken jointly by HCM and Hatimuda Sdn Bhd on a 40% : 60% basis and is expected to be completed in 30 months period by 28 February 2019. ## para Hatimuda Sdn Bhd was incorporated in Malaysia on 13 September 1994, it has an authorized share capital of RM5 million comprising 5 million ordinary shares of RM1.00 each and a paid up share capital of RM5 million. Its principal business is to carry out construction and infrastructure works. ## para The Contract is expected to have a positive impact on the net assets and earnings of Protasco Group for the financial year ending 31 December 2016. ## para None of the Directors, substantial shareholders of the Company or persons connected with them have any interests, direct or indirect, in the Contract.