On behalf of the Board of Directors ( Board ) of Scope, AmInvestment Bank Berhad ( AmInvestment Bank ) wishes to announce the following:

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1 ( SCOPE OR COMPANY ) (I) (II) PROPOSED ACQUISITION OF 70% EQUITY INTEREST IN PIONEER GLOW SDN BHD ( PIONEER ) FOR A TOTAL PURCHASE CONSIDERATION OF RM28,700,000 ( PROPOSED ACQUISITION ); AND PROPOSED ISSUE OF UP TO 59,000,000 FREE WARRANTS IN SCOPE ( FREE WARRANTS ) ON THE BASIS OF TWO (2) FREE WARRANTS FOR EVERY TEN (10) ORDINARY SHARES OF RM0.10 EACH HELD IN SCOPE ( PROPOSED FREE WARRANTS ) (HEREINAFTER COLLLECTIVELY REFERRED TO AS ) This announcement is dated 1 March INTRODUCTION On behalf of the Board of Directors ( Board ) of Scope, AmInvestment Bank Berhad ( AmInvestment Bank ) wishes to announce the following: (a) Scope had on 1 March 2012 entered into a conditional Share Purchase Agreement ( SPA ) with Wah Len Enterprise Sdn Bhd ( WLE ) to acquire 7,420,000 ordinary shares of RM1.00 each in Pioneer, representing 70% of the issued and paidup share capital of Pioneer ( Sale Shares ) for a total purchase consideration of RM28,700,000 ( Proposed Acquisition ). (b) The proposed issue of up to 59,000,000 free warrants in Scope on the basis of two (2) Free Warrants for every ten (10) ordinary shares of RM0.10 each ( Scope Shares or Shares ) held by the entitled shareholders of the Company ( Proposed Free Warrants ). (The Proposed Acquisition and the Proposed Free Warrants are collectively referred to as Proposals ). 2. PROPOSED ACQUISITION 2.1 Background Information of the Proposed Acquisition The Proposed Acquisition involves the acquisition of 7.42 million ordinary shares of RM1.00 each in Pioneer, representing 70% of the issued and paidup share capital of Pioneer from WLE for a total purchase consideration of RM28.70 million to be satisfied in the following manner: No. Consideration Total (RM 000) (i) Cash 2,000 (ii) Issuance of million new Scope Shares at the issue price of RM0.15 per Share ( Consideration Shares ) together with million warrants in Scope ( Consideration Warrants ) 13,410 (iv) Deferred Cash Amount (as detailed in Section below) 13,290 Total 28,700 The Proposed Acquisition is subject to the terms and conditions set out in the SPA, the salient terms of which are set out in Section 2.2.

2 Page 2 of Salient Terms of the SPA Settlement of the Purchase Consideration The purchase consideration of the Sale Shares shall be RM28.70 million consisting of the Consideration Shares, Consideration Warrants and RM15.29 million cash to be paid and satisfied in the following manner: (a) RM2.0 million cash to be paid on the completion being not later than ten (10) business days after fulfillment of the Conditions Precedent set out in Section below ( Completion Date ); (b) (c) RM13.41 million to be satisfied by the issuance of the Consideration Shares at an issue price of RM0.15 per Share together with Consideration Warrants which shall be issued and allotted to WLE on the Completion Date as fully paid; The balance amount of RM13.29 million shall be satisfied in cash over a period of up to 5 years ( Deferred Cash Amount ). The repayment schedule set out below is dependent on the Company achieving at least RM15.0 million only in revenue or 23,000 metric tonnes of oil palm fresh fruit bunches during the period of twelve (12) months following the Completion Date ( Target Condition ). If Target Condition met If Target Condition not met At the end of period following Completion Date 5% 5% Principal Interest Principal Interest RM'000 RM'000 RM'000 RM'000 9 months 1,290 1,290 Balance Purchase Price: 1 st year 3,000 2 nd year 3, ,000 3 rd year 3, , th year 3, , th year 3, Total 12, ,

3 Page 3 of Conditions Precedent The sale and purchases of the Sale Shares is conditional upon the following conditions being satisfied ( Conditions Precedent ): (a) (b) (c) (d) (e) (f) (g) delivery of all relevant corporate approvals, including the directors and shareholder s resolutions of WLE approving the sale of the Sales Shares; delivery of all relevant corporate approvals, including the directors and shareholders resolution of Scope approving the purchase of the Sales Shares and for the issue and allotment of the Consideration Shares together with Consideration Warrants; completion of financial and legal due diligence by Scope s advisers including auditors and solicitors on Pioneer to the satisfaction of Scope; receipt of all relevant consents of lenders, creditors and other relevant parties to the sale of the Sale Shares including but not limited to a waiver by Lembaga Tabung Getah Sabah of its first right of refusal over the Sale Shares; receipt of all relevant clearances, approvals or consents of the government or governmental authority to the sale and purchases of the Sale Shares, if any; receipt of all relevant clearances, approvals, or consents of the government or governmental authorities to the issuance and allotment of the Consideration Shares together with the Consideration Warrants; and settlement by WLE of all outstanding debt and liabilities of Pioneer other than lease agreements and hire purchase agreements for office equipment and vehicles disclosed to and approved by Scope. The Conditions Precedent shall be fulfilled within three (3) months from the date of the SPA with an automatic extension of a further three (3) months thereafter or such other date as may be mutually agreed upon by both parties in writing ( Conditional Period ) Conditional Period The SPA shall become unconditional on the date the on which all Conditions Precedent are fulfilled ( Unconditional Date ). If any of the Conditions Precedent as set out in Section is not fulfilled before the expiry of the Conditional Period, then unless such Conditional Period is mutually extend by the parties in writing, the SPA shall be deemed terminated upon expiry of the Conditional Period. Upon such termination, neither party shall have any claim against the other provided always that WLE shall reimburse Scope all such expenses reasonably incurred by Scope and exclusively related to Pioneer from the date of the SPA to the termination Real Property Gains Tax Scope and Pioneer shall each be separately responsibly for their respective filings with the tax authorities pursuant to the Real Property Gains Tax Act 1976 and shall comply fully with the provisions thereof. Pioneer shall be solely liable to pay any real property gains tax or any other tax which may be imposed by the competent authorities on the disposal of the Sale Shares to Scope and shall indemnify Scope against all and any liability for such tax.

4 Page 4 of Encumbrances The Sale Shares will be acquired free from all liens, charges and encumbrances but with all rights attaching to them with effect from the date of the SPA and in full reliance on the representations and warranties set out in the SPA Deed of assignment A deed of assignment will be executed by WLE assigning the shareholder s loan of approximately RM8.82 million to the Company. 2.3 Basis and Justification Basis and justification of arriving at the Purchase Consideration The purchase consideration of RM28.70 million for the 70% equity interest in Pioneer was arrived at on a willing buyerwilling seller basis after taking into consideration the provisional valuation of the plantation land ( Plantation Land ), being the only major asset held by Pioneer, of RM41.0 million based on the provisional valuation certificate dated 23 February 2012 prepared by JS Valuers Property Consultants (E.M) Sdn Bhd ( Valuer ). Details of the Plantation Land are set out in Section In the event the final valuation as determined by the Valuer and approved by the relevant authorities and regulatory bodies is below RM41.0 million a sum corresponding to 70% of the amount of such reduction in valuation shall be deducted from the Balance Purchase Price with such reduction being spread out equally over the four (4) installments of the Balance Purchase Price (as indicated in Section 2.2.1(c) above). The last three (3) installments of such revised Balance Purchase Price shall bear interest at the rate of 5% per annum on such reduced amounts calculated in the manner set out in Section 2.2.1(c). The Board is of the view that the purchase consideration is fair as it approximates to 70% of Pioneer s adjusted audited net assets as at 31 December 2010 of RM28.75 million after taking into consideration of the market value of the Plantation Land and the assignment of the shareholder s loan to the Company Basis and justification of determining the issue price of the Consideration Shares The issue price of RM0.15 for each Consideration Share with Consideration Warrant was arrived at on a negotiated basis after taking into consideration the five (5)day volume weighted average market price of Scope Shares up to and including 29 February 2012 of RM0.15 (Source: Bloomberg). The Board is of the opinion that the combination of settlement of Consideration Shares, Consideration Warrant, cash and Deferred Cash Amount are the most appropriate means to satisfy the purchase consideration to avoid any significant impact on the cash flow and gearing of the Company should the purchase consideration be settled entirely in cash or bank borrowings.

5 Page 5 of Details of the Consideration Shares and Consideration Warrants Consideration Shares The Consideration Shares and the new Scope Shares to be issued upon exercise of the Consideration Warrants shall, upon allotment and issue, rank pari passu in all respects with the then existing Scope Shares. However, they will not be entitled to participate in any dividends, rights allotments and/or any other distributions that maybe declared, where the entitlement date of which is on or prior to the allotment date of the new Shares. For clarification, the Consideration Shares will not be entitled to the Proposed Free Warrants. An application will be made to Bursa Malaysia Securities Berhad ( Bursa Securities ) for the listing of and quotation for the million Consideration Shares and new Shares to be issued upon the exercise of the Consideration Warrants Consideration Warrants The features of the Consideration Warrants are the same as the Free Warrants. Salient terms of the Free Warrants are set out in Section 3.2. The proceeds arising from the exercise of the Consideration Warrants in the future, the quantum of which is dependent upon the actual number of the warrants exercised, shall be utilized for the working capital requirements of Scope. Based on the exercise price of RM0.15 and assuming full exercise of the Consideration Warrants, the Company will raise a maximum proceeds of up to RM8.94 million. 2.5 Information on Pioneer Background Information Pioneer was incorporated in Malaysia on 20 August 1997 under the Companies Act 1965 ( Act ) as a private limited liability company under the name Pioneer Glow Sdn Bhd. As at 29 February 2012, the issue and paidup share capital of Pioneer is RM25.0 million comprising 25.0 million ordinary shares of RM1.00 each in Pioneer ( Pioneer Shares ) of which RM10.60 million comprising million Pioneer Shares have been issued and credited as fully paidup. WLE holds 7.42 million Pioneer Shares representing 70% of the equity interest in Pioneer whilst the remaining 3.18 million Pioneer Shares representing 30% of the equity interest in Pioneer is held by Lembaga Industri Getah Sabah. The principal activity of Pioneer is the cultivation of oil palm whilst the principal market for Pioneer s business is in Malaysia.

6 Page 6 of 17 The financial information of Pioneer is as follows: Financial year ended (FYE ) 31 December Audited Audited Audited RM 000 RM 000 RM 000 Revenue 2,719 2,846 3,773 Profit/loss before tax (1,117) (2,789) 23 Profit/loss after tax and minority interest (1,117) (2,789) 23 shares in issue ( 000) ,600 10,600 Loss/ Earnings per share (RM) (11.17) (0.26) * Total borrowings Shareholders fund / Net Assets ( NA ) (4,857) 2,853 2,876 NA per share (RM) (48.57) Gearing (times) * Note: * Less than 0.01 Commentaries on past financial performances: (a) FYE 2009 to FYE 2010 For FYE 31 December 2010, the increase in revenue of RM0.93 million or approximately 33% was mainly due to the improvement in production of FFB by 1,916 metric tonnes to 9,362 metric tonnes coupled with higher selling price of FFB. Accordingly, Pioneer s profit before tax improved to RM0.02 million mainly attributed by the gain on disposal of fixed assets of RM0.02 million. (b) FYE 2008 to FYE 2009 For FYE 31 December 2009, the marginal increase in revenue arose from the higher FFB production of 7,446 metric tonnes compared to 5,870 metric tonnes in the previous financial year. However, the higher production was offset by the lower selling price of FFB during the financial year. The loss for the year increased to RM2.79 million primarily attributable to the increase in chemical and fertiliser cost of RM1.33 million or 198% as compared to the FYE 31 December Furthermore, the costs of upkeeping the oil palm estate increased by RM0.64 million.

7 Page 7 of Details of the Plantation Land Property : Oil Palm Plantation Registered owners : CL Pioneer Glow Sdn Bhd Location : District of Kinabatangan, Locality of Sungai Mlian, Sabah Permitted use : CL Cultivation of Oil Palm Plantation Category of land use : Agriculture Existing and proposed sse : Oil palm plantation Terms of Tenure : 99 years Total Land Area : 1,415 hectares (approximately 3,500 acres) Expiry Date : 31 December 2094 Age of palms : 8 years Net book value : RM4,612,973 as at 31 December 2010 Market value : RM41.0 million Valuation method : Comparison Method Independent registered valuer : JS Valuers Property Consultants (E.M.) Sdn Bhd. Date of valuation : 17 January 2012 The production of FFB for the past three (3) years from 2009 to 2011 is set out below: FYE 31 December Metric Tonnes Metric Tonnes Metric Tonnes FFB 5,870 7,446 9, Background information of WLE WLE was incorporated in Malaysia on 30 April 1980 under the Act as a private limited liability company under the name Wah Len Enterprise Sdn Bhd. As at 23 February 2012, the authorised share capital of WLE is RM10.0 million comprising 10.0 million ordinary shares of RM1.00 each in WLE of which RM3.50 million comprising 3.50 million ordinary shares of RM1.00 each have been issued and credited as fully paidup. The principal activity of WLE is cultivation of oil palm and investment holding.

8 Page 8 of 17 The particulars of WLE s directors and substantial shareholders and their respective shareholdings in WLE as at 23 February 2012 are as follows: Name Nationality/ Country of Incorporation shares Direct Indirect % shares % Directors Dato Lim Chee Wah Malaysian 1,500, Lim Ee Keong Malaysian 700, Lim Ee Tatt Malaysian 700, Substantial Shareholders Dato Lim Chee Wah Malaysian 1,500, Lim Saw Khim Malaysian 600, Lim Ee Tatt Malaysian 700, Lim Ee Keong Malaysian 700, Source of Funding The cash and Deferred Cash Amount for the Proposed Acquisition are proposed to be financed by borrowings and/or internallygenerated funds. As at the date of this announcement, the proportion between the abovementioned sources of funding to finance the Proposed Acquisition has not been determined. 2.8 Liabilities to be Assumed There are no liabilities, including contingent liabilities and guarantees, to be assumed by Scope pursuant to the Proposed Acquisition. 2.9 Additional Financial Commitment Scope does not expect to extend any additional financial commitment to put the business of Pioneer onstream as Pioneer is already in operation.

9 Page 9 of DETAILS OF THE PROPOSED FREE WARRANTS 3.1 Basis and number of Free Warrants The Proposed Free Warrants involves the issuance of up to 59.0 million Free Warrants on the basis of two (2) Free Warrants for every ten (10) Scope Shares held by the shareholders of the Company at an entitlement date to be determined and announced later ( Entitlement Date ). The actual number of Free Warrants to be issued pursuant to the Proposed Free Warrants would depend on the issued and paidup share capital of the Company as at the Entitlement Date. Based on the proforma issued and paidup share capital of the Company (as computed in Section 7.1), up to 59.0 million Free Warrants may be issued pursuant to the Proposed Free Warrants. Fractional entitlements of the Free Warrants, if any, shall be disregarded and dealt with by the Board in such manner as the Board deems fit and expedient in the best interest of the Company. 3.2 Salient terms of the Free Warrants The features of the Consideration Warrants are the same as the Free Warrants. The salient terms of the Free Warrants and Consideration Warrants are as set out below. Issuer : Scope Issue Size : Up to million warrants comprising: (a) (b) Up to 59.0 million Free Warrants; and 59.6 million Consideration Warrants (Collectively referred to as Warrants ) Form : The Warrants will be issued in registered form and constituted by a Deed Poll. Tenure : Eight (8) years commencing from and inclusive of the date of issue of the Warrants. Exercise Rights : Each Warrant shall entitle the holder to subscribe for one (1) new Share at the Exercise Price at any time during the Exercise Period. Exercise Period : Eight (8) years commencing from and inclusive of the date of issue of the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid. Exercise Price : The exercise price of the Warrants is RM0.15 each Adjustment to the Exercise Price and/or number of the Free Warrants : The Exercise Price of the Warrants and/or the number of the Warrants shall be subject to adjustment under certain circumstances in accordance with the provisions of the Deed Poll.

10 Page 10 of 17 Status of new Scope Shares arising from the exercise of the Free Warrants : The new Scope Shares to be issued arising from the exercise of the Warrants shall, upon allotment and issue, rank equal in all respects with the existing Scope Shares save and except that they shall not be entitle to any dividend, right, allotment and/or other distribution, the declaration date of which is on or prior to the date of allotment of the new Scope Shares. Listing ; Application will be made to Bursa Securities for the listing of and quotation for the Warrants and the new Scope Shares to be issued upon exercise of the Warrants. Board Lot : The Warrants shall be tradable upon listing on Bursa Securities in board lot of 100 Warrants. Governing Law : Laws and regulations of Malaysia 3.3 Basis and justification of the Issue Price and Exercise Price of the Free Warrants The Free Warrants are issued at no cost to the shareholders on a pro rata basis. The exercise price of the Free Warrants has been fixed by the Board at RM0.15 being the five (5)day volume weighted average market price of Scope Shares up to and including 29 February 2012, being the last practicable date prior to this Announcement (Source: Bloomberg). 3.4 Utilisation of proceeds The proceeds arising from the exercise of the Free Warrants in the future, the quantum of which is dependent upon the actual number of the warrants exercised, shall be utilized for the working capital requirements of Scope. Based on the exercise price of RM0.15 and assuming full exercise of the Free Warrants, the Company will raise a maximum proceed of up to RM8.85 million. 4. RATIONALE FOR THE The Proposed Acquisition represents a strategic investment by Scope to enable Scope to diversify its business into the oil palm plantation industry through Pioneer. The Proposed Acquisition is expected to contribute positively to the future earnings and thereby improve shareholders value over the medium to longterm. The Proposed Free Warrants is to provide shareholders the opportunity to increase their participation in the equity of Scope at a predetermined exercise price during the tenure of the Free Warrants. In addition, the proceeds from the exercise of the Free Warrants and Consideration Warrants will strengthen the capital base of the Company and will be utilised for the working capital requirements of Scope.

11 Page 11 of RISK FACTORS The principal activity of Pioneer is the cultivation of oil palm via its Plantation Land. In this respect, the Proposed Acquisition represents a departure from the core business of Scope of manufacturing, assembling and trading of electronic components and products. The Proposed Acquisition would thus expose the Company to the inherent risks associated with the oil palm plantation industry which include amongst others, fluctuations in demand for and prices of crude palm oil, soil and weather conditions, pests and diseases, threats of substitutes for palm oil products, shortage of experienced managerial and supervisory personnel and increase in the costs of inputs such as fertilisers as well as the general economy, business and credit conditions. Although the Company would take appropriate steps to mitigate these risks, there is no assurance that any changes to these factors considered would not have an adverse impact on Scope. 6. FUTURE PROSPECTS OF THE PALM OIL INDUSTRY The agriculture sector continued to post a strong growth of 6.9% (Q3 2011: 8.2%), led by the oil palm, livestock and other agriculture subsectors. Valueadded of the oil palm subsector strengthened further by 16.4% (Q3 2011: 12%) attributed to higher output of crude palm oil following better yields. (Source: Malaysian Economy Fourth Quarter 2011 Ministry of Finance) Based on the Ministry of Finance, the valueadded of the oil palm subsector in Malaysia rose 7.6% during the first half of 2011 (January to June 2010: 0.3%) following higher production of crude palm oil ( CPO ). Production of CPO surged 8.2% to 12 million tonnes during the first eight (8) months of 2011 (January to August 2010: 1.8% 11.1 million tonnes) on account of increase fresh fruit bunches yield increase to tonnes per hectare (January to August 2010: tonnes per hectare) following improved weather conditions in the 2 quarter. However, the oil extraction rate ( OER ) contracted marginally to 20.26% (January to August 2010: 20.41%) due to lower yields from new matured areas and heavy rain falls in the early part of the year. Total oil palm planted areas increase 4.3% to 5 million hectares (endjune 2010: 4.8 million hectares), with the opening of new areas mainly in Sabah and Sarawak. Valueadded growth of the agriculture sector remained strong at 6.9% for fourth quarter 2011 (3Q 2011: 8.2%), due mainly to the continued strong production of CPO. (Source: Development in the Malaysian Economy Fourth Quarter 2011 Bank Negara Malaysia and Economic Performance and Prospect 2011 Ministry of Finance Malaysia) Under the Economic Transformation Programme introduced in 2010, the Malaysian government aims to raise the palm oil industry s Gross National Product ( GNI ) contributing from RM52.7 billion to RM billion by The Malaysian Goverment plans to bridege the GNI through the implementation of eight core entry point projects ( EPP ) spanning across the palm oil value chain to capture the fast growing global demand for palm oil, when registered a growth rate of 10 percent between 2000 and 2009.

12 Page 12 of 17 The EPPs will generate RM47.1 billion in GNI impact in 2020, and the business opportunities will add another RM74.6 billion (inclusive of baseline growth of RM17.0 billion). The incremental GNI also includes RM3.6 billion from the multiplier effect created by EPPs from other sectors. The largest source of the multiplier effect on the Palm Oil National Key Economic Areas ( NKEA ) is from the Wholesale and Retail as well as the Electrical and Electronics NKEAs. This includes benefits such as increased retail activity reflecting increase demand for palm oil and palm oilbased products. In order to achieve this vision, the Malaysian Government have identified two (strategic) thrusts for the palm oil industry. Aligned against each strategic thrust, the Malaysian Government have identified a portfolio of EPPs grow the industry s GNI contribution. Five EPPs will focus on improving upstream productivity generating an incremental GNI of RM33.1 billion in The implementation of these EPPs will transform Malaysia s oil palm industry, resulting in significant productivity improvement. These EPPs are: EPP 1: Accelerating the replanting of oil palm: EPP 2: Improving FFB yield EPP 3: Improving worker productivity EPP 4: Increasing the oil extraction rate: and EPP 5: Developing biogas at palm oil mills The three EPPs focusing on downstream expansion are targeted to generate an incremental GNI of RM14.0 billion by These initiatives will involve coordinating publicprivate R&D efforts with a strong commercialization focus. As a result we are expecting a rising income from downstream products, which will constitute at least 25 percent of total palm oil income. These EPPs are: EPP 6: Developing oleo derivatives EPP 7: Commercialising second generation bio fuels; and EPP 8: Expediting growth in foodand healthbased downstream segments. (Source: Economic Transformation Programme 2010) Premised on the above, the Board believes that the outlook and prospects of the palm oil industry in Malaysia are expected to be positive for Pioneer.

13 Page 13 of FINANCIAL EFFECTS OF THE 7.1 Share capital The Proposed Acquisition and Proposed Free Warrants will result in an increase in the issue and paidup share capital of Scope. The financial effects of the Proposals on the share capital are tabulated below: Scope Shares 000 Par value RM 000 Existing as at 29 February ,182 26,818 Add: Proposed private placement of Scope Shares pursuant to announcement dated 29 February 2012 ( Proposed Private Placement ) Add: Issuance of new Shares pursuant to the Proposed Acquisition 26,818 2, ,000 29,500 89,400 8, ,400 38,440 Add: Full exercise of Free Warrants 59,000 5,900 Add: Full exercise of Consideration Warrants 59,600 5,960 Total 503,000 50,300

14 Page 14 of Substantial shareholders shareholding The proforma effects of the Proposals on substantial shareholders shareholdings are tabulated below: (I) (II) (III) (IV) Existing as at 29 February 2012 After (I) and Proposed Private Placement After (II) and Proposed Acquisition After (III) and Full Exercise of Warrants Direct Indirect Direct Indirect Direct Indirect Direct Indirect Shares % Shares % Shares % Shares % Shares % Shares % Shares % Shares % (000) (000) (000) (000) Lim Chiow Hoo 83, , , , Lee Min Huat 57, , , , WLE 89, , Dato Lim Chee Wah 89,400 (a) ,400 (a) 23.3 Lim Saw Khim 89,400 (a) ,400 (a) 23.3 Lim Ee Tatt 89,400 (a) ,400 (a) 23.3 Lim Ee Keong 89,400 (a) ,400 (a) 23.3 Note: (a) Deemed interested by virtue of their respective interest in WLE pursuant to Section 6A of the Act As indicated from the illustration above, shareholding by substantial shareholders will be diluted after the Proposed Acquisition and the Proposed Free Warrants.

15 Page 15 of NA and gearing The effects of Proposals on NA and gearing are tabulated below: I II III After Proposed After I and After II and Full Audited as at 30 June 2011 Private Placement (a) Proposed Acquisition Exercise of Warrants RM'000 RM'000 RM'000 RM'000 Share Capital 26,818 29,500 38,440 50,300 Share Premium 9,364 10,303 14,773 20,703 Fair Value Reserve (106) (106) (106) (106) Accumulated Losses (2,185) (2,275) (b) (2,775) (c) (2,275) NA 33,891 37,422 50,332 68,622 Number of Shares ( 000) 268, , , ,000 NA per Share (sen) Interest bearing borrowings (including Deferred Cash Amount) 1,723 1,723 10,723 10,723 Gearing ratio (times) Notes: (a) (b) (c) As per the announcement dated 29 February 2012, new Shares to be placed out under the Proposed Private Placement has been fixed at RM0.135 each. After deducting estimated expenses incidental to the Proposed Private Placement of RM90,000. After deducting estimated expenses incidental to the Proposals of RM500, Earnings and earnings per share ( EPS ) The Proposed Acquisition is not expected to have any material effect on the earnings of Scope for the financial year ending 30 June Nevertheless, the Proposed Acquisition is expected to contribute positively to Scope s earnings in the future upon the maturity of the age profile of Pioneer s oil palm trees. The Proposed Free Warrants is not expected to have any material effect on the earnings of the Company for the financial year ending 30 June There may also be a corresponding dilution of Scope s consolidated EPS as a result of the increase in the number of new Shares in issue pursuant to the Proposed Acquisition and when the Warrants are exercised into new Shares. 7.5 Convertible securities As at 29 February 2012, the Company does not have any convertible securities.

16 Page 16 of HIGHEST PERCENTAGE RATIOS APPLICABLE The highest percentage ratio applicable to the Proposed Acquisition as per Paragraph 10.02(g) Chapter 10 of the Ace Market Listing Requirements is the Purchase Consideration over the audited consolidated NA of Scope as at 30 June 2011 which amounts to 84.68%. 9. APPROVALS REQUIRED The Proposed Acquisition is conditional upon approvals being obtained from the following: (a) (b) (c) Bursa Securities for the listing of and quotation for the Consideration Shares and the new Shares arising from the exercise of the Consideration Warrants on the Ace Market of Bursa Securities; The shareholders of the Company at an Extraordinary General Meeting to be convened; and Any other relevant authorities and/or parties, if required. The Proposed Free Warrant requires the following approvals: (a) (b) (c) (d) Bursa Securities for the listing of and quotation for the new Shares arising from the exercise of the Free Warrants on the Ace Market of Bursa Securities; Bank Negara Malaysia, for the issuance of the Free Warrant to nonresident shareholders; The shareholders of the Company at an Extraordinary General Meeting to be convened; and Any other relevant authorities and/or parties, if required. The Proposed Acquisition and the Proposed Free Warrants are not interconditional. 10. APPLICATIONS TO THE RELEVANT AUTHORITIES Barring any unforeseen circumstances, applications to the relevant authorities in respect of the Proposals are expected to be submitted within three (3) months from the date of this Announcement. 11. DIRECTORS AND MAJOR SHAREHOLDERS INTERESTS None of the directors and/or major shareholders of Scope and/or persons connected with them have any interest, direct and/or indirect, in the Proposals apart from their respective entitlements under the Proposed Free Warrants, which are also available to all other shareholders of the Company. 12. ESTIMATED TIME FRAME FOR COMPLETION Barring any unforeseen circumstances, the Proposals are expected to be completed in the second half of 2012.

17 Page 17 of DIRECTORS STATEMENT After having considered all aspects of the Proposals, the Board is of the opinion that the Proposals are in the best interest of Scope. 14. ADVISER AmInvestment Bank has been appointed as the Adviser to Scope for the Proposals. 15. DOCUMENTS AVAILABLE FOR INSPECTION The SPA and the provisional valuation certificate dated 23 February 2012 prepared by the Valuer will be available for inspection at the registered office of Scope at the registered address at 51 13A, Menara BHL Bank, Jalan Sultan Ahmad Shah, Penang from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this Announcement.