The Board of Directors of Bonia wishes to inform that CRG Incorporated Sdn Bhd (“CRGI”), a wholly-owned subsidiary of the Company, has received the Enterprise Registration Certificate of Limited Liability Company With More Than One Member (“Certificate”) from the Department of Planning and Investment of Ho Chi Minh City, Vietnam certifying its acquisition of contributed capital of CRG Viet Nam Company Limited (“CRGV”) from the hands of FHG Company Limited and Le Quang Dung Hanh (“Acquisition”) as follows:-

With the Acquisition, CRGV has become a 99% owned subsidiary of CRGI where the remaining 1% of interest is held by FHG Company Limited, a local Vietnamese company distributing goods under the brand name of “Carlo Rino” in Vietnam.

CRGV was incorporated in Vietnam with a charter capital of VND6,000,000,000 (equivalent to approximately USD 286,000). The intended business activity of CRGV is to carry on real estate activities with own or leased property.

The Certificate will allow CRGV to proceed with the next course of action, which includes among others, own any properties as allow under the local regulations, lease and sub-lease of offices, warehouses and/or retail outlets.

The Acquisition 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 financial year ending 30 June 2015. The Company will provide further updates when there is any material development.

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 Acquisition.

This announcement is dated 1 October 2014.