A commentary at the date of the announcement of the competitive conditions of the industry in which the group operates and any known factors or events that may affect the group in the next reporting period and the next 12 months:

The Proposed Acquisition is expected to result in a reverse takeover of the Company. Should the Proposed Acquisition be completed, it is also proposed that the Company disposes of its existing business (excluding PT Energy Indonesia Resources and any shares in it held by Sky One Network (Holding) Ltd) to Dicky Suen Yiu Chung, a controlling shareholder and Chief Executive Officer of the Company (the ?Proposed Disposal?). Please refer to the Company?s announcements on 28 September 2012, 10 October 2012 and 25 September 2013 for more details on the Proposed Acquisition and Proposed Disposal.

The Company will update its shareholders as and when there are material developments to the Proposed Acquisition and the Proposed Disposal.

The Group?s Current Operations and Businesses

The Group?s Coal Logistics division carries out the business of mining support activities. Since beginning operations in October 2012 until 30 September 2013, the division has hauled approximately 441,000MT of coal. In view of the high demand for energy and coal resources, the Group is cautiously optimistic about the performance of the Coal Logistics division. It is expected that there be synergies with the Proposed Acquisition, should it succeed.