DEVELOPMENT AGREEMENT FOR GATED AND GUARDED HOUSING PROJECT

We refer to the Company’s announcement dated 2 May 2019 in respect of the aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

1. The party(ies) that shall bear the development cost and the respective proportion.

2. The terms/schedule of receipt of the sale proceeds entitled to PCB Development Sdn Bhd, and the terms/schedule      in the event there are any unsold units upon completion of the development.

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

Yours faithfully

TAN YEW ENG
Vice President, Issuers
Listing, Regulation

TYE/NMA

Cc : Market Surveillance Dept., Securities Commission (via fax)