GENERAL ANNOUNCEMENT ACQUISITION OF NEW SUBSIDIARY

(1)

INTRODUCTION
The Board of Directors of Century Bond Bhd. ("CBB") wishes to announce that the Company has
acquired the entire equity interest of POLYPLUS PACKAGES (JB) SDN. BHD. (PPJB)
comprised of 2 ordinary shares of RM1 each for a total purchase consideration of RM2.

(2)

INFORMATION ON PPJB
PPJB was incorporated under the Companies Act 1965 in Malaysia on 8 April 2014 under the name
of Polyplus Packages (Nilai) Sdn. Bhd. Its name was changed to its current name of Polyplus
Packages (JB) Sdn. Bhd. on 29 December 2014.
The present authorised capital of PPJB is RM400,000 divided into 400,000 shares of RM1 each and
its issued and paid up share capital comprised of RM2 divided into 2 shares of RM1 each.
PPJB has not commenced business since its incorporation.

(3)

RATIONALE FOR THE ACQUISITION

CBB intends to use PPJB to streamline and centralize its carton business in respect of customers in
the Southern Region of Malaysia, currently undertaken by different subsidiaries within the Group.

(4)

CONSIDERATION
The total purchase consideration of RM2 was arrived at on a willing buyer willing seller basis.

(5)

EFFECT OF THE ACQUISITION

The acquisition is not expected to have any material effect on the earnings per share, net assets per
share of CBB

(6)

APPROVALS REQUIRED
The acquisition is not subject to the approvals of shareholders of CBB or any relevant authorities.

(7)

DIRECTORS AND/OR MAJOR SHAREHOLDERS INTEREST

None of the Directors and/or major shareholders and/or persons connected with the Directors or
major shareholders of CBB have any interest direct or indirect in the acquisition other than their
interest through CBB.

This announcement is dated 17 February 2015.