CORPORATE PROFILE

Incorporation and Principal Activities

Tien Wah Press Holdings Berhad (“TWPH”) was incorporated in Malaysia on 15 April 1995 as a private limited company and was converted into a public company on 13 June 1995. The Company was listed on the Second Board of the Kuala Lumpur Stock Exchange on 2 August 1996 and migrated to the Main Board of Bursa Malaysia Securities Berhad on 8 October 2007. Its principal activity is that of investment holding while the activities of its subsidiaries and associate company are those of rotogravure printing, photolithography printing and printing of tipping paper.

Background and Business Overview

Since its listing in 1996, the TWP Group developed further by establishing joint venture companies; Benkert (M) Sdn Bhd (“Benkert”) in 1998 and Paper Base Converting Sdn Bhd (“PBC”) in 1999. Benkert operates as a member of the International Benkert Group who is a major supplier of gravure printed and perforated tipping materials to the global cigarette manufacturers. PBC manufactures aluminium foil laminated paper and paperboard for cigarette packaging and other applications such as liquor and cosmetics. PBC was disposed off to New Toyo Lamination (M) Pte Ltd, a deemed substantial shareholder of TWPH,
on 4 December 2008.

In 2007, TWPH completed the acquisition of a wholly-owned subsidiary, New Toyo Investments Pte Ltd (“NTIV”) from New Toyo International Holdings Ltd (“NTIH”), the ultimate shareholder of TWPH. NTIV is an investment holding company which owns 100% of Alliance Print Technologies Co. Ltd (“APT”) in Vietnam. This acquisition enabled the TWP Group to enter into Vietnam, a market in Southeast Asia with strong growth, an attractive tax regime and low production cost.

On 8 September 2008, TWPH acquired Max Ease International Limited (“MEIL”), a company incorporated and domiciled in Hong Kong Special Administrative Region of the People’s Republic of China, and converted it into a joint venture company with NTIH. Through MEIL, TWP Group expanded its operations into the Australasia region by acquiring Anzpac Services (Australia) Pty Ltd (“Anzpac”), based in Sydney, Australia. The acquisition of Anzpac was completed on 31 October 2008.

TWP Group’s manufacturing operations are presently sited at factories located at Petaling Jaya and Puchong in Malaysia, Vietnam - Singapore Industrial Park in Ho Chi Minh City, Vietnam, and Smithfield Sydney, Australia. TWP is reputed as a high quality print packaging company offering excellent quality materials using state-of-the-art printing technologies. In terms of market share, the TWP Group is one of the top 5 printers in Malaysia, and a major player in South East Asia and Australasia. Supported by its staff of about 600, the TWP Group will continue to focus on developing its core competencies and consolidating its strengths to
enable us to maintain its leading edge in the industry both locally and globally.

The TWP Group, established over four decades ago and built on a strong financial position, dedicated work force and extensive market coverage, remains firm in providing quality products and services to its customers.