PROPOSED ACQUISITION BY REACH ENERGY, THROUGH REACH ENERGY VENTURES SDN BHD, OF 60% EQUITY INTEREST IN PALAEONTOL B.V., A WHOLLYOWNED SUBSIDIARY OF PALAEONTOL COOPERATIEF U.A. WHICH IN TURN IS AN INDIRECT WHOLLYOWNED SUBSIDIARY OF MIE HOLDINGS CORPORATION ("MIEH") AND 60% OF THE SHAREHOLDER LOANS IN PALAEONTOL B.V. FROM MIEH FOR A TOTAL PURCHASE CONSIDERATION OF USD154.9 MILLION (EQUIVALENT TO RM638.2 MILLION), SUBJECT TO ADJUSTMENTS ("PROPOSED ACQUISITION")