Salcon Bhd : OTHERS SALCON BERHAD ("SALCON" OR "THE COMPANY") ACQUISITION OF A SHELF COMPANY - ENRICH SIGNATURE SDN BHD

Pursuant to Paragraph 9.19(23) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of Salcon wishes to announce that Circlic Interactive Tourism Sdn Bhd (Formerly known as Circlic Interactive Sdn Bhd), a 65%-owned subsidiary of Salcon Water International Limited which in turn is a wholly-owned subsidiary of Salcon, has on 25 January 2017 acquired 2 ordinary shares of RM1.00 each, representing 100% equity interest in Enrich Signature Sdn Bhd (Company No. 1211823-P) ('ESSB'), a shelf company incorporated in Malaysia, for a total cash consideration of RM2.00 ('Acquisition'). Following the Acquisition, ESSB shall become a 65%-owned subsidiary of Salcon.

Please refer to the attachment for further details.