On behalf of the Board of Directors of ATTA, Public Investment Bank Berhad wishes to announce that the Company proposes to undertake the following:

(i)         proposed rights issue of up to 3,143,796,550 new irredeemable convertible preference shares (“ICPS”) at an issue price of RM0.06 per ICPS on the basis of ten (10) ICPS for every one (1) existing ordinary share held in ATTA (“ATTA Share(s)” or “Share(s)”) on an entitlement date to be determined and announced later (“Entitlement Date”) (“Proposed Rights Issue of ICPS”); and

(ii)        proposed amendment to the memorandum and articles of association (“M&A”) of ATTA to facilitate the Proposed Rights Issue of ICPS (“Proposed M&A Amendments”).

The Proposed Rights Issue of ICPS and the Proposed M&A Amendments are collectively referred to as the “Proposals”.

Please refer to the attachment for the full text of the announcement pertaining to the Proposals.

This announcement is dated 31 March 2017.