The Board of Directors of Bonia Corporation Berhad (“BCB” or the “Company”) wishes to announce that a Memorandum of Understanding (“MOU”) has been executed between Jeco (Pte) Limited, Braun GmbH & Co. KG, BB Global Holdings Pte Ltd and Christiane Brunk on 31 August 2015 for putting BB Global Holdings Pte Ltd in funds to acquire certain intellectual property rights and other related rights from Braun GmbH & Co. KG, in particular, the trade marks in relation to or in connection with the Braun Buffel brand (“Trade Marks”) (collectively, “Proposal”).

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