The Board of Directors of Landmarks Berhad (“Landmarks” or “Company”) wishes to announce that Bintan Treasure Bay Pte Ltd, a wholly-owned indirect subsidiary of Landmarks, has on 23 March 2010 incorporated a subsidiary, Bay Development Services Pte. Ltd. (“BDSPL”) in the Republic of Singapore.

BDSPL has a paid-up capital of S$1.00 comprising 1 ordinary share of S$1.00 each. The intended principal activity of BDSPL is the provision of business management and consultancy services.

The incorporation of BDSPL does not have any effect on the issued and paid up share capital of Landmarks and substantial shareholders’ shareholdings. It also does not have any effect on the net assets and earnings of Landmarks for the financial year ending 31 December 2010.

None of the Directors, major shareholders of Landmarks and/or persons connected with them, have any interest, direct or indirect, in the incorporation of BDSPL.


This announcement is dated 26 March 2010.