Reference is made to SJ Securities Sdn Bhd’s announcement on behalf of LCB on 29 September 2016 and the Company’s announcement on 30 September 2016.

On 29 September 2016, SJ Securities Sdn Bhd had on behalf of the Board of Directors of LCB announced that Bursa Securities has vide its letter dated 29 September 2016 decided to reject the Company's application for a further extension of time up to 30 November 2016 for the Company to submit the Regularisation Plan (“Decision”) as there is no material development towards the finalisation and submission of the Regularisation Plan to the regulatory authorities.

The Board of Directors of the Company had on 30 September 2016 announced the Decision and that Bursa Securities has informed that the securities of the Company will be de-listed on 12 October 2016 unless an appeal against the de-listing is submitted to Bursa Securities on or before 7 October 2016 (“Appeal”).

The Board of Directors of the Company hereby announce that the Company has resolved that the Company will not be submitting the Appeal in view that all material developments in relation to the Regularisation Plan have been disclosed to Bursa Securities for their deliberation in arriving at the Decision.

Pursuant to paragraph 8.04(5) of the Bursa Securities’ Main Market Listing Requirements, the trading in the securities of the Company will be suspended with effect from 10 October 2016 and the securities of the Company will be de-listed on 12 October 2016.

Notwithstanding the delisting, the Company will still continue its operations and business as an unlisted entity.