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2011

Date Descriptions
30-12-2011 Announcement of the completion of the the Sale and Purchase Agreement dated 27 December 2011 which the Company had entered into with Distinct Capital Pte. Ltd, in respect of the sale of 50% equity interest in KP Integrated Sdn Bhd.
27-12-2011 Announcement that the Company had on 27 December 2011 signed a Sale and Purchase Agreement ("Share Sale") with Distinct Capital Pte. Ltd to dispose of ILB's 50% equity interest in KP Integrated Sdn Bhd ("KPI") comprising 4,000,000 ordinary shares of RM1-00 each for a total cash consideration of RM1 million.

KPI is an investment holding company and is a 50%-owned associate company of ILB. KPI has a 90% equity interest in KPI Warehouse Holdings Inc., a company incorporated under the Philippine laws with its principal place of business at KPI Warehouse Building, BO. Diezmo Pulo, Cabuyao, Laguna, Republic of Philippines.
08-11-2011 Announcement of the completion of the Sale and Purchase Agreement dated 5 August 2011 entered through Integrated Logistics Solutions Sdn Bhd and Integrated Warehouse Sdn Bhd with Tanjung Balai Holdings Sdn Bhd, in respect of the Proposed Disposal of a piece of freehold vacant industrial land held under Geran No. 298954, Lot 122410, Pekan Hicom, Daerah Petaling, Negeri Selangor.
05-08-2011 Proposed Disposal of a piece of freehold vacant industrial land held under Geran No. 298954, Lot 122410, Pekan Hicom, Daerah Petaling, Negeri Selangor ("the said Land") measuring an area of approximately 23,536 square metres (253,339 square feet) ("Proposed Disposal").

Pursuant to the Share Sale Agreement dated 12 March 2010, entered into between ILB and AWH Equity Holdings Sdn Bhd, the said Land which is beneficially owned by Integrated Logistics Solutions Sdn Bhd ("ILSSB") and registered in the name of Integrated Warehouse Sdn Bhd ("IWSB"), is to be excluded from the SSA. (ILSSB and IWSB are formerly wholly-owned subsidiaries of ILB), the Company had on 5 August 2011 through ILSSB and IWSB entered into a Sale and Purchase Agreement ("SPA") with Tanjung Balai Holdings Sdn Bhd ("Tanjung Balai"), in respect of the Proposed Disposal for a total cash consideration of Ringgit Malaysia Eighteen Million Two Hundred Forty Thousand Four Hundred and Eight (RM18,240,408) only ("Consideration")
02-06-2011

Announcement that the Company had on 2 June 2011 through Integrated Logistics (China) Co. Limited ("ILCN"), a subsidiary which it has 70% effective equity interest, signed a Share Sale Agreement ("Share Sale") with Shanghai Zhong Se Realty Co. Limited ("SZSR") for a total cash consideration of RMB64.0 Million (approximately RM29.7 Million at an exchange rate of RM1.00 - RM2.1522).

The Share Sale comprises the sale of the 100% equity interest of Integrated Shun Hing Logistics (Lingang) Co. Limited ("ISH Lingang") by ILCN to SZSR. ISH Lingang is a 100%-owned subsidiary of ILCN. ISH Lingang owns the Land located at No. A2304-B, Yangshan Free Trade Zone, Shanghai, The People's Republic of China.
05-04-2011 Announcement of acquisition of 2 ordinary shares of RM1.00 each in Business Protocol Sdn Bhd ("Business Protocol"), representing 100% of the issued and paid up share capital of Business Protocol for a total cash consideration of RM2.00.
25-02-2011 Shenzhen ISH Logistics Co. Limted, a wholly-owned subsidiary of ISH Logistics (Shenzhen) Co. Limited in which ILB has 70% effective interest incorporated a wholly-owned subsidiary in The People's Republic of China, namely Beijing ISH Logistics Co. Ltd, with a registered capital of RMB 1 Million.