We refer to the Company’s First Announcement dated 26 February 2013 and the announcement made on 27 May 2013 pursuant to Paragraph 4.1(b) of PN17.

We also refer to the Company’s announcement made on 2 January 2014. Further to the said announcement, the Board of Directors of PM CAP wishes to inform that despite trying its best to seek opportunities and options, including discussions with potential white knight, the Company is at this point of time not optimistic of being able to submit a Regularisation Plan to the relevant authorities for approval on or before the deadline of 25 February 2014. In the event the Company fails to submit a Regularisation Plan to the relevant authorities for approval by 25 February 2014:

1) The trading of the Company's securities will be suspended on the next market day after five (5) market days from the date of notification of suspension by Bursa Securities; and

2) Bursa Securities will de-list the Company's securities subject to the Company's right to appeal against the de-listing.