We refer to the article headlined “XiDeLang expects RM50m revenue from Universal Fitness & Leisure tie-up” appearing in the Business News section of the Star Online today, in particular the following extracts:-

1.   “He expects the agreement to contribute RM50mil in revenue and RM10mil to RM20mil in profit after tax.”

We wish to inform that the abovementioned revenue and profit after tax contribution of RM50 million and RM10 million respectively is based on the management internal target and these figures have not been reviewed by the external auditors.

2.   “The first shipment of XiDeLang products to Malaysia would be in February”

We would like to inform that the first shipment of XDL products to Malaysia is expected to be delivered in the second financial quarter, once the detailed arrangement with Universal Fit & Leisure Sdn Bhd has been finalised.

This announcement is dated 16 January 2014.