(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 31 March 2017 in relation to the Proposed Share Consolidation, where applicable, unless stated otherwise or defined herein.)

We refer to the Company’s announcement dated 31 March 2017 in relation to the Proposed Share Consolidation.

On behalf of the Board, Mercury Securities wishes to announce that the application in relation to the Proposed Share Consolidation has been submitted to Bursa Securities today.

This announcement is dated 5 April 2017.