Further to its Announcement dated 21 October 2015, Zelan Berhad (“ZB”) would like to announce that its wholly owned subsidiary, Zelan Construction Sdn Bhd (“ZCSB”) had on 6 January 2016 entered into the Shareholders Cum Joint Venture Agreement with ICOP Construction (M) Sdn Bhd (“ICOP”) and Zelan Consolidated (Overseas) Sdn Bhd (“JV Company”), presently a wholly owned subsidiary of ZCSB.

The proposed name of the JV Company is Zelan ICOP Consortium Sdn Bhd and it shall be a special purpose joint venture company between ZCSB and ICOP to carry out the sub-contract works for Cadangan Pembinaan Langat Centralised Sewage Treatment Plant dan Penyambungan Sungai Langat Secara Reka dan Bina.

Please refer to the attachment for the full text of the announcement.

This Announcement is dated 6 January 2016.