English

06 January 2017

MSWG’S QUICK TAKE ON-ONGOING CORPORATE DEVELOPMENTS

MULTI-USAGE HOLDINGS BERHAD (“MUH”)

MUH announced on 21 December 2016 that Dato' Abdul Hadi Bin Awang Kechil, Ms Ang Ai Way, Ir Cheah Chin Huat, En Abd Aziz Bin Mat and Mr Tan Choon Heong who were subject for re-election at the 24th Annual General Meeting ("AGM") held on 21 December 2016 had withdrawn their offer for re-election as the Directors of the Company prior to the commencement of the AGM. In view thereof, the Ordinary Resolutions Nos. 1,3,4,5 and 6 as stated in the Notice of AGM dated 29 November 2016 were not put forward for voting.

09 December 2016

MESSAGE FROM THE CEO

When I left the Employees Provident Fund (EPF) in 2009 to take on the position of CEO at the Minority Shareholders Watchdog Group (MSWG), I never would have imagined that I would stay here for eight amazing years.

MSWG’S QUICK TAKE ON ONGOING CORPORATE TRANSACTIONS

AIRASIA BERHAD (“AAB”)

AAB announced that the company and Tune Live Sdn Bhd (“Subscriber”) have entered into a fourth supplemental letter dated 25 November 2016 in respect of the subscription agreement to extend the cut-off date of 26 November 2016 for a further period of sixty (60) days, expiring on 25 January 2017, or such longer period as the Parties may mutually agree in writing.