IDEAL SUN CITY HOLDINGS BERHAD

Regularisation Sponsor	M&A Securities Sdn Bhd
Sponsor	Same as above

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 MONTHLY ANNOUNCEMENT
Description	IDEAL SUN CITY HOLDINGS BERHAD (“Ideal” or “the Company”) - Monthly Announcement On the Status of the Company’s Plan to Comply With the Obligation to Regularise its Condition Pursuant to Guidance Note 3 ("GN3") of the Bursa Malaysia Securities Bhd ACE Market Listing Requirements (“ACE LR”)
Reference is made to the announcement dated 2 July 2013, in compliance with paragraph 4.4 of the GN3 of ACE LR. The Board of Directors of IDEAL (“Board”) wishes to inform that Bursa Securities had vide its letter dated 13 May 2013 resolved to approve the Company’s regularisation plan subject to the conditions as stated in its letter. Besides, the Board also wish to inform that Bank Negara Malaysia (“BNM”) had vide its letter dated 25 June 2013 (received on 4 July 2013) approved the issuance of Warrants to non-resident shareholders pursuant to the Proposed Right Issues with Warrants and Proposed Placement with Warrants. The Company is currently in the midst of implementing its regularisation plan. Any further developments to the approved regularisation plan shall be announced accordingly. This announcement is dated 2 August 2013.

Company Name	IDEAL SUN CITY HOLDINGS BERHAD (ACE Market)
Stock Name	IDEAL
Date Announced	2 Aug 2013
Category	General Announcement
Reference No	CP-130802-44570