THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION

If you are in any doubt as to the course of action to be taken, you should consult your stockbroker, bank manager, solicitor, accountant or other professional adviser immediately.

Bursa Malaysia Securities Berhad takes no responsibility for the contents of this Notice, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Notice.

TANCO HOLDINGS BERHAD

(Company No. 3326-K)

(Incorporated in Malaysia under the Companies Ordinances, 1940-1946)

NOTICE TO HOLDERS OF RM19,232,673.40 NOMINAL VALUE OF THREE (3)-YEARS, 3%, IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS 2014/2017 ("ICULS") (STOCK NAME: TANCO-LB) (STOCK CODE: 2429LB) IN RELATION TO THE LAST INTEREST PAYMENT AND THE MATURITY OF THE ICULS IMPORTANT RELEVANT DATES:

Last date and time for trading of the ICULS

: Friday, 20 January 2017 at 5.00 p.m.

Date and time of suspension of trading of the ICULS

: Monday, 23 January 2017 at 9.00 a.m.

Book Closure Date in relation to maturity of ICULS

: Thursday, 2 February 2017 at 5.00 p.m.

Date and time of maturity date of the ICULS

: Friday, 10 February 2017 at 5.00 p.m.

Date and time for delisting of the ICULS

: Monday,13 February 2017 at 9.00 a.m.

This Notice is dated 9 January 2017

DEFINITIONS

Except where the context otherwise requires, the following definitions shall apply throughout this Notice: "Board" : Board of Directors of THB

"Bursa Depository" : Bursa Malaysia Depository Sdn Bhd (165570-W)

"Bursa Securities" : Bursa Malaysia Securities Berhad (635998-W) "CDS" : Central Depository System

"Conversion Period" : means any Market Day after the date of issue of the ICULS and expiring

on the Market Day immediately preceding the Maturity Date

"ICULS" : RM19,232,673.40 nominal value of three (3)-years, 3%, Irredeemable Convertible Unsecured Loan Stocks 2014/2017 at the nominal value of RM0.10 each in THB

"ICULS Holder(s)" : Holder(s) of ICULS whose names appear in the Record of Depositors

of ICULS

"Market Day" : A day on which Bursa Securities is open for trading of securities "Maturity Date" : The third (3rd) anniversary of the date of issue of the ICULS

i.e. 10 February 2017

"Record of Depositors" : The record provided by Bursa Depository to the Company under the

Rules of Bursa Depository

"RM" and "sen" : Ringgit Malaysia and sen respectively

"Share Registrar" : Boardroom Corporate Services (KL) Sdn Bhd (3775-X)

"Trust Deed" : Trust Deed dated 27 December 2013 and Supplementary Trust Deed

dated 26 September 2016 governing the terms and conditions of ICULS

"Trustee" : TMF Trustees Malaysia Berhad (610812-W) "THB" or "Company" : Tanco Holdings Berhad (3326-K)

"Ordinary Share(s)" : Ordinary Share of RM0.05 each in THB

i

CONTENTS

PAGE

NOTICE TO ICULS HOLDERS

  1. LAST INTEREST PAYMENT 2

  2. SUSPENSION OF TRADING AND LAST DAY OF TRADING 2

  3. MANDATORY CONVERSION 2

  4. BOOK CLOSURE DATE 3

  5. DEPOSIT OF UNCLAIMED MONEYS SUBJECT TO CLAUSE 19 OF THE 3

    TRUST DEED

  6. FORFEITURE OF UNCLAIMED MONEYS SUBJECT TO CLAUSE 20 OF THE 4

    TRUST DEED

  7. CONTACT DETAILS FOR ENQUIRIES 4

  8. DIRECTORS' RESPONSIBILITY STATEMENT 4

ii

TANCO HOLDINGS BERHAD

(Company No. 3326-K)

(Incorporated in Malaysia under the Companies Ordinances, 1940-1946)

Registered Office

No 1, Persiaran Ledang,

Off Jalan Tuanku Abdul Halim, 50480 Kuala Lumpur

9 January 2017

Board of Directors

Datuk Seri Tan Jing Nam (Adviser/Non-Independent Non-Executive Director)

Andrew Tan Jun Suan (Group Managing Director)

Dato' Tan Lee Sing (Executive Director)

Koay Ghee Teong (Executive Director)

Dato' Dr. Mohd. Aminuddin bin Mohd. Rouse (Independent Non-Executive Director) Dato' Dr. Mohd. Noordin bin Haji Keling (Independent Non-Executive Director) James Wong Kwong Yew (Independent Non-Executive Director)

To: The ICULS Holders of Tanco Holdings Berhad

Dear Sir/Madam,

TANCO HOLDINGS BERHAD NOTICE TO ICULS HOLDERS PERTAINING TO LAST INTEREST PAYMENT AND THE MATURITY OF THE ICULS NOTICE IS HEREBY GIVEN THAT pursuant to the terms and conditions stipulated in the Trust Deed constituting the ICULS issued by the Company on 12 February 2014 with a fixed interest rate of 3% per annum payable annually in arrears on 12 February in each year, the ICULS will mature at 5.00 p.m. on Friday, 10 February 2017.

As at 30 December 2016, being the latest practicable date prior to the printing of this Notice, the Company has a total of 192,326,734 outstanding ICULS which have not been converted.

The ICULS are listed on Bursa Securities with the Stock Short Name TANCO-LB and Stock Code 2429LB.

Pursuant to the Trust Deed, the ICULS shall be converted into new Ordinary shares on the basis of two (2) ICULS of RM0.10 nominal value each for one (1) fully paid new Ordinary Share ("Conversion Price").

The ICULS shall cease to bear interest after the Maturity Date and all outstanding ICULS shall be automatically converted into fully paid new Ordinary Shares at the Conversion Price.

The new Ordinary Shares to be issued arising from the conversion of the ICULS which have been deposited into the CDS account with Bursa Depository shall be credited directly into the CDS account of the ICULS Holders and a notice of allotment stating the number of Ordinary Share credited into the CDS account will be issued to the ICULS Holders. No physical share certificates will be issued to these ICULS Holders.

1

Tanco Holdings Bhd published this content on 06 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 09 January 2017 08:53:09 UTC.

Original documenthttp://www.tancoholdings.com/investor/corp_announcement/2017_Tanco%20-%20Notice%20to%20ICULS%20Holders.pdf

Public permalinkhttp://www.publicnow.com/view/10F67A05605C916065FE04A43EDE3E582EC87D27