Unless otherwise stated, all definitions and terms used in the Notice dated 15 August 2019 (“Notice”) in relation to the Offer shall apply to this announcement.

Reference is made to the Notice served by UOB Kay Hian Securities (M) Sdn Bhd ("UOB Kay Hian"), on behalf of the Offeror on 15 August 2019 in relation to the Offer.

The Board of Directors of SCIB ("Board") wishes to announce that the Company had received a press notice from UOB Kay Hian, on behalf of the Offeror, informing that as at 12.00 p.m. (Malaysian time) on Friday, 16 August 2019, the Offeror and the PACs hold in aggregate, together with such SCIB Shares that are already acquired, held or entitled to be acquired or held, more than 50% of the total voting shares of SCIB. 

Accordingly, the Acceptance Condition has been fulfilled and the Offer has become unconditional as to the level of acceptances on 16 August 2019. 

Please refer to the attached press notice for further details.

This announcement is dated 16 August 2019.