SBC CORPORATION BERHAD

							DISCLOSURE IN RELATION TO ANY AGREEMENT, ARRANGEMENT, JOINT
VENTURE OR COLLABORATION FOR THE PURPOSE OF BIDDING FOR OR
SECURING A PROJECT OR CONTRACT (COLLECTIVELY KNOWN AS “THE
VENTURE”)

The letter from the Bursa Malaysia Securities Berhad dated 4th August, 2006 on the
subject matter refers.

The Board of Directors of SBC Corporation Berhad (“SBC”) wishes to announce the
status of the progress of the Venture of SBC as follows -


     Date of                       Type of
  Announcement                    Agreement                               Status


 24 February 2012   Joint Venture Agreement entered into        The       Joint       Land
                    between Chin Yoke Chung, Patrick            Development is currently
                    (“the Proprietor”) and Goldhill Achiever    under        the       pre-
                    Sdn. Bhd. (“Developer”), a 50% owned        development stage and
                    company of PJX Property Sdn. Bhd.,          will submit to the relevant
                    which in turn is a wholly-owned             authorities for relevant
                    subsidiary of SBC for the appointment       development’s approvals.
                    of the Developer to undertake the
                    finance, management, construction,
                    development       and     sale   of   the
                    development in relation to the whole of
                    all that piece of freehold land measuring
                    approximately 1,852 square metres in
                    area held under GRN 7647, Lot 40441,
                    Mukim of Kuala Lumpur, District of
                    Kuala Lumpur with its postal address at
                    No. 6, Jalan Kapas, Bukit Bandaraya,
                    59100 Kuala Lumpur ( “No. 6 Land”).