On behalf of the Board of Directors of HSS, Maybank Investment Bank Berhad, wishes to announce that the Company has today entered into a heads of agreement with Datuk Ir. Teo Chok Boo, Ir. Prem Kumar A/L M.Vasudevan, and Ir. Syed Mohamed Adnan Bin Mansor Alhabshi for the proposed acquisition of the entire issued share capital of SMHB Engineering Sdn Bhd, representing 100% equity interest for a purchase consideration of RM270 million.

Kindly refer to the attached for further details.

This announcement is dated 29 September 2017.