The Board of Directors of Bonia Corporation Berhad (“the Company” or “Bonia”) wishes to announce that the subscription of 3,300 ordinary shares of RM1.00 each at par in Serene Glow Sdn Bhd (1011206-T) (“SGSB”), by its wholly-owned subsidiary namely BCB Properties Sdn Bhd (351290-U) (“BCBP”) has been completed. The share certificate issued by SGSB in respect of the 3,300 shares allotted to BCBP was received on 6 February 2013.

Accordingly, BCBP holds 33% of the enlarged issued and paid-up share capital of SGSB and SGSB is an associate company of BCBP.

SGSB was incorporated in Malaysia under the Companies Act, 1965 on 24 July 2012 as a private limited company. The authorised share capital of SGSB is RM100,000.00 comprising 100,000 ordinary shares of RM1.00 each and its enlarged issued and paid-up capital is RM10,000.00 comprising 10,000 ordinary shares of RM1.00 each. The principal activities of SGSB are property investment and development.

The above subscription was funded by internal resources and is not expected to have any material effects on the earnings or net assets of the Company for the current financial year ending 30 June 2013.

None of the Directors and to the best knowledge of the Directors, none of the major shareholders or person connected to them has any interest, direct or indirect in the above subscription of shares.

This announcement is dated 6 February 2013.