<p>OTHERS NTPM HOLDINGS BERHAD ("NTHB" or "the Company") - ACQUISITION OF A SUBSIDIARY</p><p>NTPM HOLDINGS BERHAD 24/09/2012 05:28:36 PM</p><p>Type Announcement Subject OTHERS Description NTPM HOLDINGS BERHAD ("NTHB" or "the Company") - ACQUISITION OF A SUBSIDIARY Introduction Pursuant to Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of NTPM Holdings Berhad (“NTHB” or “the Company”) is pleased to announce that the Company’s wholly-owned subsidiary, NTPM (Singapore) Pte. Ltd. (“NTPM Singapore”) has on 24 September 2012 acquired two (2) ordinary shares, representing the entire issued and paid-up share capital NTPM (International) Pte. Ltd. (“Acquisition”). </p><p>Information on NTPM (International) Pte. Ltd. (“NTPM International”)</p><p>NTPM International was incorporated in Singapore on 14 August 2012 as a private company limited by shares and its total issued and paid up share capital is Singapore Dollars Two (“SGD2”) only. The intended principal activities of NTPM International is manufacturing of paper products and other consumer goods, general wholesale trade and investment holding. </p><p>Rationale</p><p>The Acquisition is to pave way for the Company to expand its existing business as manufacturer of paper products and other consumer goods, general wholesale trade and investment holding. </p><p>Financial Effects</p><p>The Acquisition will not have any material effect on the earnings per share, net assets per share, gearing and share capital of NTHB for the financial year ending 30 April 2013.</p><p>The Acquisition will not have any effect on the major shareholders’ shareholding of the Company. </p><p>Directors’ and/or Major Shareholders’ Interests None of the Directors and/or major shareholders and person connected to them has any interest, direct or indirect, in the Acquisition.</p><p>Approvals Required</p><p>The Acquisition is not subject to the approval of the shareholders of the Company or any other relevant authorities.</p><p>Statement by Directors</p><p>The Directors of NTHB, are of the opinion that the Acquisition is in the best interests of the Company.</p><p>This announcement is dated 24 September 2012.</p>