(Unless otherwise stated, all abbreviations used shall have the same meanings as those mentioned in the announcement dated 24 November 2016)

We refer to the announcement dated 24 November 2016 in respect of the Proposed Subscription of Convertible Bonds in PT Satria Antaran Prima ('Proposed Subscription').

The Company wishes to announce that the Proposed Subscription has been completed today following the subscription of convertible bonds for a total consideration of Indonesian Rupiah Thirty Billion (IDR30,000,000,000), or approximately Ringgit Malaysia Ten Million (MYR10,000,000.00) Only.

This announcement is dated 27 December 2016.

GD Express Carrier Bhd published this content on 27 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 December 2016 01:47:06 UTC.

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