2.2 BACKGROUND INFORMATION ON MSDSB AND REEBOK.

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1 ACQUISITION OF FREEHOLD LANDS AND BUILDINGS HELD UNDER LOT 758 & 759 SEKSYEN 41 BANDAR KUALA LUMPUR DAERAH KUALA LUMPUR NEGERI WILAYAH PERSEKUTUAN MEASURING IN TOTAL AREA OF SQUARES METRES ( THE LAND ) TOGETHER WITH TWO (2) UNITS OF 5 STOREY SHOP CUM OFFICE FROM REEBOK (M) SDN BHD ( T) BY MY SQUARES DEVELOPMENT SDN BHD ( D), A 51% SUBSIDIARY OF MINHO (M) BERHAD ( H) FOR PURCHASE PRICE RM7.0 MILLION. 1. INTRODUCTION The Board of Directors of Minho (M) Berhad ( H) ( MINHO ), wishes to announce to the Bursa that its 51% owned subsidiary, My Squares Development Sdn Bhd ( D) ( MSDSB ) had on 14 October 2013 entered into a Sales and Purchase Agreement ( SPA ) with Reebok (M) Sdn Bhd ( T) ( REEBOK ) to acquire freehold land held under Geran & Lot 758 & Lot 759 Seksyen 41 Bandar Kuala Lumpur Daerah Kuala Lumpur Negeri Wilayah Persekutuan K.L measuring in total area of square metres ( the Land ) together with two (2) units of 5-storey shop cum office erected thereon and bearing postal address Lot 758 & 759 (No. 16 & 18), Seksyen 41, Jalan Yap Ah Shak, Kuala Lumpur ( the Building), for the total purchase price of Ringgit Malaysia Seven Million (RM7,000,000.00) only (hereinafter referred to as "the Purchase Price ), subject to the terms and conditions as stipulated in the SPA. 2. DETAILS OF THE ACQUISITION 2.1 DETAILS OF THE PROPERTY. The freehold land held under Geran & Lot 758 & Lot 759 Seksyen 41 Bandar Kuala Lumpur Daerah Kuala Lumpur Negeri Wilayah Persekutuan K.L measuring in total area of square metres ( the Land ) together with two (2) units of 5-storey shop cum office erected thereon and bearing postal address Lot 758 & 759 (No. 16 & 18), Seksyen 41, Jalan Yap Ah Shak, Kuala Lumpur measuring in total area of approximately 1,171 square metres ( the Building ). (hereinafter the Land and the Building are collectively referred to as the Property ) The Property is currently charged to SOUTHERN BANK BERHAD as security for a loan granted to REEBOK and a portion of the Land has been leased to Lembaga Letrik Negara Tanah Melayu vide No Presn L 13043/1978 Jilid 5 and Folio 17 (hereinafter referred to as LLN's Lease ). On 29 April 2011, REEBOK received the approval letter from Dewan Bandaraya Kuala Lumpur to covert the Building into Budget Hotel. As at the date of the SPA, REEBOK is still in progress of doing the renovation on the Building to covert it into Budget Hotel. MSDSB is expected to incur RM2.0 Million to complete the renovation work. Therefore, the Building is currently vacant and without any rental income. 2.2 BACKGROUND INFORMATION ON MSDSB AND REEBOK MSDSB is a private limited company incorporated in Malaysia with an authorized share capital of RM1,000, comprising of RM1,000,000 ordinary shares of RM1.00 each of which 500,000 ordinary shares had been fully issued and paid-up. Currently, 51% of MSDSB issued shares is owned by MINHO while the balance 49% is owned by Pembinaan Infra E&J Sdn Bhd (E&J). Its registered office is at 31A, 1

2 Jalan Satu Kaw. 16, Berkerley Town Centre, Klang, Selangor Darul Ehsan. Currently, Principal nature of business carried on by MSDSB is property developer REEBOK is a private limited company incorporated in Malaysia with an authorized share capital of RM1,000, comprising of RM1,000,000 ordinary shares of RM1.00 each of which 680,000 ordinary shares had been fully issued and paid-up. Its registered office is at 9E, Wisma Tai Yoon, Lorong Medan Tuanku 1,Kuala Lumpur, Wilayah Persekutuan. Currently, Principal nature of business carried on by REEBOK is property investment and trading in fashion of men s wear. 2.3 BASIS OF ARRIVING AT THE PURCHASE PRICE. The purchase price of RM7,000, was arrived at on a willing buyer willing seller basis. The purchase price is calculated based on price per square metres i.e approximately square 23, The asking price for similar type of property in Jalan Tuanku Andul Rahman, Kuala Lumpur is approximately RM47,822 per square metres and in Jalan Petaling, Kuala Lumpur is approximately RM38,153 per squares metres as published in iproperty.com on 11 October The purchase price shall be financed from internally generated funds and term loan from financial institution. 2.4 SALIENT FEATURES OF THE SPA For the purpose of this section, MSDSB shall be referred to as the Purchaser and REEBOK shall be referred to as the Vendor AGREEMENT TO SELL In consideration of the sum of Ringgit Malaysia One Hundred And Forty Thousand (RM140,000.00) only paid by the Purchaser to the Vendor's agent, I-Link Properties [ the Earnest Deposit ] and in consideration of the sum of Ringgit Malaysia Nine Hundred And Ten Thousand (RM910,000.00) only paid by the Purchaser to the Vendor upon the execution of this Agreement [ the Balance Deposit ] (the Earnest Deposit and the Balance Deposit shall hereinafter collectively referred to as "the Deposit ) the Vendor hereby agrees to sell and the Purchaser agrees to purchase the Property together with the Fixtures and Fittings in Annexure A free from all encumbrances with vacant possession but subject to all conditions and category of land use express or implied affecting the Property for the total purchase price of Ringgit Malaysia Seven Million (RM7,000,000.00) only (hereinafter referred to as "the Purchase Price ) and upon the terms and conditions hereinafter appearing PAYMENT OF BALANCE PURCHASE PRICE (a) The Purchaser shall pay the balance purchase price of Ringgit Malaysia Five Million Nine Hundred Fifty Thousand (RM5,950,000.00) only (hereinafter referred to as "the Balance Purchase Price ) to the Vendor s Solicitors as stakeholders within Three (3) Months from the date of this Agreement (hereinafter referred to as "the Completion Date ) PROVIDED ALWAYS that in the event the Balance Purchase Price shall not have been paid 2

3 on or before the Completion Date the Vendor shall automatically grant to the Purchaser an extension of Two (2) Months commencing from the day next following the expiry of the Completion Date (hereinafter referred to as the "Extended Completion Date ) to pay the Balance Purchase Price or any outstanding part thereof and in consideration thereof the Purchaser shall pay to the Vendor an agreed interest at the rate of eight percent (8%) per annum (hereinafter referred to as "the Interest") on the actual unpaid balance sum calculated on a daily basis from the the day next following the expiry of Completion Date to the date of full payment of the Balance Purchase Price and Provided Always the Purchaser shall pay the sum of Ringgit Malaysia Two Million (RM2,000,000.00) of the Balance Purchase Price (hereinafter referred to as the Part Payment ) to the Vendor being part payment of the Purchase Price in the event the Purchaser wishes to exercise his option to pay the balance sum during the Extended Completion Date. (b) The Vendor hereby agrees and covenants that any and all payments of the Balance Purchase Price together with the Interest (if any) LOAN (a) Notwithstanding any provisions herein to the contrary, in the event the Purchaser obtains a loan (hereinafter referred to as the Loan") from a licensed financial institution (hereinafter referred to as the Purchaser s Financier ) to finance the payment of the Balance Purchase Price or part thereof, the Purchaser s Solicitors are hereby authorised by the parties hereto to release the Transfer Documents to the Purchaser s Financier or its solicitors to facilitate the release of the Loan PROVIDED ALWAYS that:- (i) the Purchaser shall have first deposited with the Vendor s Solicitors as stakeholders the difference between the Balance Purchase Price and the Loan (hereinafter referred to as the Differential Sum ), if any, on or before the Completion Date or Extended Completion Date as the case may be; (ii) the Purchaser shall have procured from the Purchaser s Financier the delivery to the Vendor of an undertaking in favour of the Vendor to release to the Vendor Solicitors as stakeholders the Loan within fourteen (14) days from the date of presentation for registration with the relevant authority of the title to the Property, the duly adjudicated and stamped MOT and the relevant charge documents in favour of the Purchaser s Financier (hereinafter referred to as the Purchaser s Financier s Undertaking ). (b) The Vendor shall within seven (7) days of receipt of a written request by the Purchaser s Financier or its solicitors, give an undertaking to the Purchaser s Financier to refund the Loan so released by the Purchaser s Financier free of interest in the event that the MOT is not or cannot be registered for any reason whatsoever resulting in the non-registration of the charge in favour of the Purchaser s Financier. In the event the Vendor shall not have delivered to the Purchaser s Financier or its solicitors the undertaking within the aforesaid, then the number of days delay commencing immediately after the expiry of the aforesaid period shall be added to the Completion Date or the Extended Completion Date (free of interest) REDEMPTION SUM (a) The Vendor s Solicitors are hereby authorised as soon as practicable to obtain a statement addressed to the Purchaser's Financier (hereinafter referred to the Redemption Statement ) from the Vendor s Financier stating the amount payable (hereinafter referred to as the Redemption Sum ) to redeem the Property together with the Vendor s Financier s undertaking to refund the Redemption Sum to the Purchaser s Financier in the event the 3

4 MOT and the charge cannot be registered for any reason whatsoever and to deliver to the Purchaser, the Purchaser s Financier or its solicitors within fourteen (14) days upon receipt of the Redemption Sum the following documents:- (i) original issue document of title; (ii) duplicate charge(s); (iii) a valid and registrable Discharge of Charge; and (iv) all other relevant documents evidencing title (hereinafter collectively referred to as "the Redemption Documents ) and thereafter to release the Redemption Documents in accordance herewith. (b) The Vendor hereby warrant that the Redemption Sum payable to the Vendor s Financier does not exceed the Balance Purchase Price. In the event that the Balance Purchase Price is insufficient to redeem the Property from the Vendor s Financier the Vendor shall pay the difference to the Vendor s Solicitors within seven (7) days upon request failing which the Purchaser have the right to terminate this Agreement and this Agreement shall forthwith cease to have any further effect and Clause shall apply mutatis mutandis. (c) In the event that the Vendor s Financier shall fail for any reason whatsoever to deliver the Redemption Statement, the Redemption Documents or any other documents to the Purchaser s Solicitors, the Purchaser s Financier or its solicitors within fourteen (14) days upon receipt of request or upon receipt of the Redemption Sum then the number of days delay commencing immediately after the expiry of the aforesaid periods shall be added to the Completion Date or the Extended Completion Date (free of interest). (d) In the event that the Differential Sum or the Part Payment is sufficient to redeem the Property, the parties hereto irrrevocably authorise the Vendor's Solicitors to utilise the Differential Sum or the Part Payment or any part thereof to redeem the Property from the Vendor's Financier instead of the Loan APPLICATION OF THE BALANCE PURCHASE PRICE The parties hereto hereby expressly agree that the Vendor s Solicitors are authorised to utilise and deal with the Balance Purchase Price upon receipt thereof in the following manner and priority:- (i) firstly to redeem the Property from the Vendor's Financier; (ii) secondly towards payment of all outgoings if any payable by the Vendor by virtue of Clause ; and (iii) to release the remaining balance to the Vendor fourteen (14) days after the presentation for registration with the relevant land office or registry of the title, the duly adjudicated and stamped MOT and the relevant charge documents of the Purchaser s Financier PROVIDED THAT the MOT shall not have been rejected for registration within fourteen (14) days after the presentation AND a search prior to the presentation does not reveal any encumbrances, caveats or impediments which may prevent the registration of the MOT save and except for the Purchaser s caveat (if any) and/or the Purchaser s Financier s caveat and/or the Vendor s Financier s charge. 4

5 2.4.6 PURCHASER S DEFAULT In the event that the Purchaser shall fail to pay the Balance Purchase Price within the time and in the manner stipulated herein, the Vendor shall be entitled to consider this Agreement as determined absolutely whereupon the Vendor shall forfeit the sum of Ringgit Malaysia Seven Hundred Thousand (RM700,000.00) only being Ten Per Centum (10%) of the Purchase Price paid pursuant to Clause hereof as agreed liquidated damages for breach of contract. Notwithstanding the aforesaid, the Vendor shall subject to the return of all relevant documents received by the Purchaser or the Purchaser s Solicitors pursuant to this Agreement (save and except for the MOT which shall be retained by the Purchaser s Solicitors for purpose of obtaining a refund of the stamp duty paid thereon, if such stamp duty has been paid and endorsed on the MOT) and the re-delivery by the Purchaser of vacant possession of the Property (if the same has been delivered to the Purchaser) and the removal and withdrawal of all caveats entered or caused to be entered by the Purchaser over the Property, refund all other monies paid by the Purchaser pursuant to this Agreement free of interest within seven (7) days from the date of termination, failing which the Vendor shall pay an agreed interest at the rate of eight (8%) percent per annum on the sum due to the Purchaser pursuant to this Clause calculated on a daily basis commencing from the eighth (8 th ) day after the date of termination until the date of full payment of the same. Following the giving of a notice of termination under this Clause, this Agreement shall be deemed terminated and shall forthwith cease to have any further force and effect and neither party shall have any further claim against the other save and except for any antecedent breaches or any obligation under this Agreement which is expressed to apply after the termination of this Agreement VENDOR S DEFAULT (a) In the event the Vendor shall fail to proceed with the sale of the Property or to comply with any of his obligations in accordance with the terms and conditions stipulated herein and fail within fourteen (14) days of receipt of a notice from the Purchaser to remedy the breach or the matter, the Purchaser shall at its absolute discretion be entitled to terminate this Agreement without prejudice to any other rights and remedies available to them, whereupon:- (i) subject to the return of all relevant documents received by the Purchaser or the Purchaser s Solicitors pursuant to this Agreement (save and except for the MOT which shall be retained by the Purchaser s Solicitors for purpose of obtaining a refund of the stamp duty paid thereon, if such stamp duty has been paid and endorsed on the MOT) and the re-delivery by the Purchaser of vacant possession of the Property (if the same has been delivered to the Purchaser) and the removal and withdrawal of all caveats entered or caused to be entered by the Purchaser over the Property, the Vendor shall forthwith refund or cause to be refunded to the Purchaser all moneys paid towards account of the Purchase Price under this Agreement without interest within seven (7) days from the date of termination, failing which the Vendor shall pay an agreed interest at the rate of eight (8%) percent per annum on the sum due to the Purchaser pursuant to this Clause calculated on a daily basis commencing from the eighth (8 th ) day after the date of termination until the date of full payment of the same. Notwithstanding the aforesaid, the Vendor shall pay to the Purchaser a further sum of Ringgit Malaysia Seven Hundred Thousand (RM700,000.00) only as agreed liquidated damages for breach of contract ; or (ii) to institute an action for specific performance against the Vendor. Following the giving of a notice of termination under this Clause, this Agreement shall be deemed terminated and shall forthwith cease to have any further force and effect and neither 5

6 party shall have any further claim against the other save and except for any antecedent breaches or any obligation under this Agreement which is expressed to apply after the termination of this Agreement VENDOR S REPRESENTATIONS (a) The Vendor covenants, undertakes, warrants and represents to and with the Purchaser that:- (i) the Vendor is the registered and beneficial owner of the Property and is able and capable, legally and validly of entering this Agreement; (ii) that the Vendor is not wound-up or there is currently no winding-up proceedings against the Vendor; (iii) the Vendor shall pay all quit rent, assessment and all other outgoings including water and electricity charges which are due and payable in respect of the Property up to the Date of Possession; (iv) the Vendor has not breached any laws enactments or by-laws which may give rise to any claim or action whatsoever including but not limited to forfeiture by any relevant authority in respect of the Property; (v) the Property is free from encumbrances save for those made known herein and no impediment exists which would impede or obstruct the registration of the MOT from the Vendor to the Purchaser; (vi) all express and implied conditions of the title affecting the Property have been fully complied with; (vii) the Vendor has not at any time prior to and up to the date hereof entered into any agreements or arrangements whether in writing or otherwise for the sale and disposal of the Property to any person or corporation, body corporate or unincorporated nor granted any option or the right of first refusal whether written or otherwise in favour of any person, firm, corporation, body corporate or incorporate for the purchase of the Property; (viii)no litigation, arbitration or administrative proceedings are presently current or pending or threatened against him which default, litigation, arbitration, or administrative proceedings, as the case may be, might materially affect the their ability to perform his obligations under this Agreement or frustrate the completion of the transaction hereunder; and (ix) he shall cause all agreements pertaining to the Property to be novated to the Purchaser which shall effect from the Completion Date or the Extended Completion Date (as the case may be) REMEDY FOR BREACH OF REPRESENTATIONS If any of the representations made by the Vendor herein is incorrect or untrue in any material respect and the Vendor fail, neglect or refuse to rectify any such misrepresentation within fourteen (14) days of receipt of a notice from the Purchaser to remedy the breach or the matter, the Purchaser shall be entitled to terminate this Agreement and this Agreement shall forthwith cease to have any further effect whereupon Clause shall apply mutatis mutandis. 6

7 VACANT POSSESSION (a) The Vendor shall deliver vacant possession of the Property to the Purchaser in substantially the same state and condition (fair wear and tear excepted) as at the date of inspection by the Purchaser within three (3) working days of full payment of the Balance Purchase Price of the Property by the Vendor's Solicitors together with Interest (if any) and the settlement by the Purchaser of all apportioned quit rent, rates, assessments, insurance and other outgoings moneys payable in respect of the Property in accordance with Clause provided the same has been furnished to the Purchaser within two (2) days of the receipt of the Balance Purchase Price by the Vendor's Solicitors (the date of actual delivery of vacant possession by the Vendor to the Purchaser shall hereinafter be referred to as the Date of Possession ). (b) In the event the Vendor fails to deliver vacant possession of the Property in accordance with Clause (a), the Vendor shall pay to the Purchaser interest on the Purchase Price at the rate of eight percent (8%) per annum calculated on a daily basis from the fourth (4th) working day after the payment of the Balance Purchase Price until the Date of Possession CONDITION AND STATE OF THE PROPERTY The Property have been made available for the inspection of the Purchaser and the Purchaser has inspected the same prior to the execution of this Agreement and shall be deemed to have accepted the Property in the state and condition existing as at the date of this Agreement. The Vendor hereby covenant with the Purchaser not to do anything or permit anything to be done so as to change materially or substantially the state and condition of the Property PROVIDED ALWAYS that the Property shall remain at the sole risk of the Vendor with regard to loss or damage by fire storm tempest or malicious damage until the Date of Possession UNDERTAKING BY THE VENDOR NOT TO FURTHER ENCUMBER THE PROPERTY AND POWER TO CAVEAT (a) The Vendor hereby undertake with the Purchaser not to further charge the Property or cause any lien to be created over it during the continuance of this Agreement. (b) The Purchaser shall be entitled at its own cost and expense to present and register or cause to present and register a private caveat against the Property upon the execution of this Agreement for the purpose of protecting the Purchaser s interest in the Property and prohibiting any dealings by the Vendor in the Property prior to the completion or lawful termination of this Agreement PROVIDED ALWAYS that the Purchaser hereby covenants with and undertakes with the Vendor that the Purchaser shall at its own cost and expense forthwith remove or cause to be removed the private caveat prior to the presentation for registration of the duly stamped MOT in favour of the Purchaser or upon the lawful termination of this Agreement as the case may be. For this purpose the Purchaser shall simultaneously with the execution of this Agreement execute and deposit a valid and registrable Withdrawal of Private Caveat form with the Purchaser s Solicitors together with the requisite registration fees for the withdrawal of such private caveat, who are hereby authorised to present and register the same at the relevant land office pursuant to this Clause upon the presentation for registration of the duly stamped MOT in favour of the Purchaser or upon the lawful termination of this Agreement. 7

8 NON REGISTRATION OF MOT In the event the registration of the MOT of the Property in favour of the Purchaser is not or cannot be effected for any reason whatsoever not due to any fault of either of the parties hereto (except minor defects which can be remedied in which event the relevant party shall forthwith proceed to rectify the defect), the Purchaser shall be entitled to terminate this Agreement whereupon subject to the return of all relevant documents received by the Purchaser or the Purchaser s Solicitors pursuant to this Agreement (save and except for the MOT which shall be retained by the Purchaser s Solicitors for purpose of obtaining a refund of the stamp duty paid thereon, if such stamp duty has been paid and endorsed on the MOT) and the re-delivery by the Purchaser of vacant possession of the Property (if the same has been delivered to the Purchaser) and the removal and withdrawal of all caveats entered or caused to be entered by the Purchaser over the Property, the Vendor shall forthwith refund or cause to be refunded to the Purchaser all moneys paid towards account of the Purchase Price under this Agreement without interest within seven (7) days from the date of termination, failing which the Vendor shall pay an agreed interest at the rate of eight (8%) percent per annum on the sum due to the Purchaser pursuant to this Clause calculated on a daily basis from the Completion Date commencing from the eighth (8 th ) day after the date of termination to the date of full payment of the same. Following the giving of a notice of termination under this , this Agreement shall be deemed terminated and shall forthwith cease to have any further force or effect and neither party shall any further claim against the other save and except for any antecedent breaches or any obligation under this Agreement which is expressed to apply after the termination of this Agreement PAYMENT OF OUTGOINGS (a) All quit rent, rates, assessment, water and electricity and all other lawful outgoings in respect of the Property shall be apportioned between the parties hereto as at the Date of Possession PROVIDED that the Vendor shall indemnify the Purchaser in respect of any claim, demand, loss or penalty imposed by the relevant authority in respect of any non-payment or late payment of lawful outgoings for any period prior to the Date of Possession. (b) The Vendor and Purchaser shall on their own do all acts necessary to transfer the ownership records with the relevant authorities. (c) Any amount due from either party shall forthwith be paid by the other party upon production of the relevant receipts. 2.5 RISK FACTORS. The acquisition does not change the current risk profile and has no major effect on the current cash flow of MINHO, MSDSB or the Group. 2.6 APPROVAL. Pursuant to Chapter 10 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the acquisition is not subject to the approval of shareholders of MINHO nor from any relevant government authorities. 8

9 2.7 THE HIGHEST PERCENTAGE RATIO. The highest percentage ratio applicable to the acquisition pursuant to paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is 2.34%. 3 RATIONALE FOR THE ACQUISITION MSDSB, being a developer as its principal business activity, will continue to develop the acquired land with 5 storey budget hotel ( the Project ). Once completed, MDSB will lease the budget hotel for monthly lease rent of at least 6% of the total investment costs, i.e 6% of RM9.0 Million, approximately RM540, per month. 4 FINANCIAL EFFECTS ON THE ACQUISITION 4.4 SHARE CAPITAL AND SUBSTANTIAL SHAREHOLDER The acquisition will not have any effect on MINHO s share capital and its substantial shareholdings as the acquisition will be satisfied entirely by cash. 4.5 NET ASETS AND GEARING The acquisition is not expected to have any material impact on the net assets and gearing of the MINHO group. 4.6 EARNINGS The acquisition is not expected to have any material impact on the earnings of MINHO group for the financial year ending 31 December However, the acquisition will contribute positively to the Group s future earnings prospect if MSDSB managed to successfully develop the land with the Project. 5 ESTIMATED TIME FRAME FOR COMPLETION Barring unforeseen circumstances, the acquisition is expected to be completed within five (5) months from the date of the SPA. 6 PARTICULARS OF ALL LIABILITIES, INCLUDING CONTIGENT LIABILITIES TO BE ASSUMED BY THE COMPANY ARISING FROM THE AFORESAID ACQUISITION Save for payment of the Purchase Price and other customary payments under the SPA, there are no other liabilities including contingent liabilities to be assumed by the MINHO group, arising from the acquisition. 7. DIRECTORS AND MAJOR SHAREHOLDERS INTEREST None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of MINHO has any interest, direct or indirect, in the Acquisition. 9

10 8. DEPARTURE FROM THE SECURITIES COMMISSION S POLICIES AND GUIDELINES ON ISSUE OF SECURITIES. To the best knowledge of the Board of Directors of MINHO, the acquisition has not departed from the Securities Commission s Policies and Guidelines on Issue of Securities. 9. STATEMENT BY DIRECTORS. The Directors of MINHO are of the opinion that the acquisition is in the best and long term interests of the MINHO group and its subsidiaries. The acquisition is fair, reasonable and is not detrimental to the interest of the minority shareholders. 10. STATEMENT BY AUDIT COMMITTEE. The Audit Committee of MINHO, having seen and reviewed the procedures implemented in the treatment of the acquisition, are satisfied that the procedures are sufficient to ensure that the acquisition is conducted at arms length, fair and reasonable and on normal commercial terms ; and are not to the detriment of minority shareholders. 11. DOCUMENTS FOR INSPECTION. The documents pertaining to the acquisition will be made available for inspection at the registered office of MINHO at 31A, Jalan Satu, Kaw. 16, Berkeley Town Centre, Klang, Selangor Darul Ehsan during normal business hours for the period of three (3) months from the date of this announcement. This announcement is dated 14 October