The Board of Directors of SJC wishes to announce that pursuant to Chapter 9, Paragraph 9.19 (24) of the Main Market Listing Requirement of Bursa Malaysia Securities Berhad (?MMLR?), Seni Jaya Media Utama Sdn. Bhd. (Company No. 1076454-A) (?SJMU?) has ceased to be a subsidiary of Seni Jaya Sdn. Bhd. (?SJSB?), which in turn is a wholly-owned subsidiary of SJC on 10 June 2016, following an allotment of shares in SJMU. Upon the allotment of shares, the equity interest of SJSB in SJMU has been diluted from 100% to 30% (hereinafter referred to as ?the Dilution of Interest?). Henceforth, SJMU has ceased to be an indirect subsidiary of SJC.

Please refer to the attachment for full details.

This announcement is made on 10 June 2016.