Investor Relations

The Board of Directors of BPB ("Board") wishes to announce that on 19 May 2015, CIMB Islamic Trustee Berhad ("CIMB Trustee" or "Vendor"), acting solely in the capacity as a trustee for BPB, had entered into sale and purchase agreements with:

1. Seng Hong Quarry Sdn Bhd ("SHSB"), for the proposed disposal of part of a parcel of freehold land held under GRN 368030 Lot 44930 in Mukim Kulai, District of Kulaijaya, State of Johor measuring approximately 56.30 hectares ("Ha") for a cash consideration of approximately RM29.09 million ("SPA 1"); and
2. Bentara Gemilang Industries Sdn Bhd ("BGSB"), for the proposed disposal of part of 2 parcels of freehold land held under GRN 368030 Lot 44930 and GRN 236290 Lot 2939 in Mukim Kulai, District of Kulaijaya, State of Johor measuring approximately 31.87 Ha for a cash consideration of approximately RM19.90 million ("SPA 2"),

(collectively referred to as "Proposed Disposal").

The details of the Proposed Disposal are set out in the attachment herein.

This announcement is dated 19 May 2015.