We refer to the article titled “ECM Libra regains lost ground” published in The Edge Financial Daily today, 18 August 2014. The article has erroneously reported that Mr Lim Kian Onn has left the company, which is not the case. The personnel who left the Group was the then CEO of the fund management company within the ECM Libra Group. Mr Lim Kian Onn is a non-executive director of ECM Libra Financial Group Berhad and is not the “then CEO” of the company as wrongly reported. Mr Lim is one of the co-founders of ECM Libra and remains as one of its largest shareholders.

This announcement is dated 18 August 2014.