The Board of Directors of UEMS (“Board”) wishes to announce that it had on 2 October 2018 entered into a MOU with Grab Partners (“Proposed MOU”) to jointly collaborate on the services offered by Grab Partners in areas within the control of UEMS, its subsidiaries, its joint-controlled entities and/or its affiliated companies, subject to the approvals of these joint-controlled entities and/or affiliated companies, with priorities given to areas within Mont’Kiara, Dutamas and Iskandar Puteri amongst other locations to be mutually agreed later (“Area”) (“Proposed Collaboration”).

Please refer to the attached announcement for more details.

This announcement is dated 2 October 2018.