17/04/2025

͒͘ ˜ ͓͓͖͑

RM1

Malaysian Paper õõõŪ䪚ÜéÄŪÃû S?ĝŪĜĜ P S EPt

SCAN ME 9¿ě ŝŜśŘ HH ŗśřřħŖŗħŗŕŖŗ ljŕŘŖŖŞŚij

$0-063'6- 8&-$0.& $IJOB 1SFTJEFOU 9J +JOQJOH CFJOH SFDFJWFE CZ )JT .BKFTUZ UIF ,JOH PG .BMBZTJB 4VMUBO *CSBIJN BOE 1SJNF .JOJTUFS %BUVL 4FSJ "OXBS *CSBIJN BU *TUBOB /FHBSB JO ,VBMB -VNQVS ZFTUFSEBZ o #&3/"."1*$

3FQPSU PO T QBHF ¥ØššÃšÄäÜ Ä –š¤šÄšť 䨄–š „Ä– 䨄ÄÜÕÊØä 嚖 Ä „–– ä ÊÄ äÊ Ãéä鄽 ô ܄ šúšÃÕä ÊÄ „ØØ„Ä¥šÃšÄäŪ 8ĞЩjĘ ¨©ºj Щ¢º ŘŖ 8¿WÐ

3FQPSU PO T QBHF

3FQPSU PO T QBHF

WéÕÕ½ûź–šÃ„Ä– à ÜÄ䐪 ؚÜé½äÜ Ä éÄÜʽ– ÕØÊ՚Øä šÜ „Ä– „„Ä–Ê̖ ÕØÊ·šäÜ Äôʽô Ä¥ Êäª ½ šÄܚ– „Ä– éĽ šÄܚ– –šôš½Ê՚ØÜŪ 8¿Ì‰ بjº K8ŘŘ ©´´©¿º ¨¿ÛЩº¢ Ûº©ØÐ ºjØ©¿ºå© ‰ ©º ´©¹¿

O¨¿€²©º¢ ´j€² ¿’ jØØ‰ºØ©¿º ¿ä‰Ì €¨©´ ̉º Ðj’‰Øç ©ºä¿´ä©º¢ 䉨©€´‰Ð SššÄä „ÜšÜ ؚÜé½ä Ä¥ Ä –š„äª „Ä– Ä·éØû –Ø ôš ªÊÚ ÕÊ Ää 䪄ä ûÊéÄ¥ÜäšØÜ ÃéÜä š õ„äªš– „ä „½½ ä ÚÜŪ

THURSDAY | APR 17, 2025

/thesuntelegram FOLLOW / Malaysian Paper

ON TELEGRAM m RAM

2

King confident ties will continue to be strengthened

KUALA LUMPUR: His Majesty the King of Malaysia Sultan Ibrahim has expressed belief that Malaysia and China will continue to strengthen cooperation, despite various geopolitical gaps around the world. According to a post on Sultan Ibrahim Sultan Iskandar’s Facebook page yesterday, His Majesty said Malaysia is focusing on deeper economic integration, strengthening supply chain and industrial collaboration, increasing connectivity and upholding the principles of mutual respect and benefit in engagement with all partners, including China. “I believe there is great potential for Chinese companies and investors to explore opportunities here as it is in line with the importance of regional connectivity and high-quality development under China’s ‘Belt and Road’ Initiative. “With strong strategic incentives and a good location, the Forest City Special Financial Hub within the Johor-Singapore Special Economic Zone has emerged as one of the region’s prime investment locations,” said Sultan Ibrahim at a meeting with Chinese President Xi Jinping at Istana Negara yesterday. According to the post, Sultan Ibrahim also agreed to invite the Chinese government to promote language exchanges between the two countries. His Majesty said the number of student exchanges between the two countries had increased and Malaysia intended to send more students to China to exchange knowledge and culture. “I believe language is an important

involving four officers and 103 personnel of other ranks from the First Battalion of the Royal Malay Regiment of Sungai Besi Camp, led by Mejar Mohamad Waqiyudin Abd Rahman. After the event, Xi was presented with a welcoming dance performance by the National Department of Culture and Arts as a symbolic respect to the Chinese president’s presence at Istana Negara. His Majesty then held a meeting with Xi and the Chinese delegation in addition to witnessing a commemorative souvenir presentation ceremony at Dewan Seri Maharaja. After the meeting, Sultan Ibrahim hosted a state banquet in honour of Xi and members of his delegation at the main dining hall. This visit marks Xi’s second official visit to Malaysia in 12 years, after the last visit in 2013, which saw the two countries upgrade diplomatic relations to Comprehensive Strategic Partnership. Xi’s visit is part of the Chinese president’s first state visit series this year. Malaysia and China established diplomatic relations on May 31, 1974. The two countries celebrated the 50th anniversary of diplomatic relations last year. For 16 consecutive years since 2009, China has remained Malaysia’s largest trading partner. Total trade between the two countries was worth RM484.12 billion in 2024, representing 16.8% of Malaysia’s total global trade (RM2.88 trillion). – Bernama College name change to honour Pak Lah PETALING JAYA: The Kepala Batas Mara Junior Science College (MRSM) may soon undergo a name change following a proposal to rename it MRSM Tun Abdullah Ahmad Badawi in honour of the late former prime minister. Mara chairman Datuk Dr Asyraf Wajdi Dusuki said the management is currently drafting the proposal to rename the school from its current name, MRSM Ulul Albab Kepala Batas, to MRSM Tun Abdullah Ahmad Badawi. The proposal will be reviewed by Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, who is also Rural and Regional Development Minister – the ministry under which Mara operates. “This is to honour the legacy of the late Pak Lah (Tun Abdullah). I will seek the approval of the deputy prime minister (Ahmad Zahid) to rename MRSM Kepala Batas to MRSM Tun Abdullah Ahmad Badawi,” said Asyraf Wajdi. MRSM Kepala Batas is located in the constituency that Tun Abdullah represented for seven consecutive terms, from 1978 to 2008. Asyraf added that the former premier played a significant role in shaping holistic human capital development across various disciplines, including Islamic studies, science, and technology. – BY IKHWAN ZULKAFLEE

Sultan Ibrahim and Xi during a commemorative souvenir presentation ceremony at Dewan Seri Maharaja, Istana Negara yesterday. – BERNAMAPIC

bridge in strengthening bilateral relations. In this direction, I intend to actively promote the Sultan Ibrahim Malay Studies Chair at Beijing Foreign Studies University,” said His Majesty. Earlier, Xi was accorded a state welcome at Istana Negara in conjunction with a three-day state visit starting yesterday at the invitation of

Sultan Ibrahim. Xi was received by Sultan Ibrahim upon his arrival at 10.30am. Also present were Prime Minister Datuk Seri Anwar Ibrahim, both deputy prime ministers Datuk Seri Dr Ahmad Zahid Hamidi and Datuk Seri Fadillah Yusof as well as Cabinet ministers.

The ceremony at the Istana Negara Parade Ground began with the playing of the national anthems of both countries by the Royal Malay Regiment Central Band, followed by a 21-gun salute by the 41st Battery of the Royal Artillery Regiment. The Chinese president then inspected the Main Guard of Honour

Malaysia, China seal 31 MoUs in major diplomatic push

reliability and purpose. “We see this in China’s conduct. Malaysia acknowledges such steadiness with quiet recognition and is conscious not only of the calm it has brought, but of the hope it may continue to offer.” Anwar also said decades of globalisation had created a web of interdependence – economic, cultural, and human – that could not easily be unravelled. “The ties that bind us may stretch, but they endure. As President Xi has graciously reminded us – during his previous visit and again in his reflections for this one – in the Malay language, we say: Air dicincang tidak akan putus . Or, in another tongue: “You may cleave the water, yet it remains intact”. Anwar also pointed out that China is a civilisation whose history stretches back over five millennia – a nation that has withstood the tempests of time and emerged time and again not diminished but refortified, yet refined. “Her strength lies not only in the scale of her achievements but in her capacity to endure – to weather disruption with poise and to respond to uncertainty with purpose. “Under your stewardship, Mr President, China continues to embody these virtues – steady and resolute, unyielding even in the face of harsh winds and unreasonable treatment.”

o Supporting implementation of Global Development Initiative and collaboration in AI sector among objectives of agreements signed

Ű BY AZURA ABAS AND HARITH KAMAL newsdesk@thesundaily.com

They speak not of rivalry, but of renewal. “In some quarters, the rules-based order has been turned on its head, dialogue has yielded to demands, tariffs are imposed without restraint, and the language of cooperation is drowned beneath the noise of threats and coercion. “What we are witnessing today is not an honest reckoning with the imperfections of globalisation, but a retreat into economic tribalism,” Anwar said, adding that market access is being weaponised. “What was once a multilateral covenant for shared growth now buckles under the weight of arbitrary disruption and unilateral whim. “We call on all parties to pause, reflect and step away from the precipice. “Trade is not a contest of winners and losers, but a shared endeavour. Its aim is not domination, but the advancement of all. “When the powerful bend or break the rules, it is not only prosperity that falters. Indeed, the very foundations of global peace can begin to tremble.” Anwar said in these trying times, the world yearned for steadiness,

administrative capital in Putrajaya. Earlier, Anwar said the world might have shifted in many ways, but the friendship between Malaysia and China had remained firm and steadfast – renewed through dialogue and affirmed through action. “China remains our most significant trading partner, its presence felt in the very arteries of our development – from the flow of goods and ideas to the transformation of our energy, infrastructure and innovation. “Yet the true strength of this relationship lies beyond trade figures or tourist statistics. “It rests on a profound understanding – that prosperity, to endure, must be shared and that trust, once cultivated, must be tended with care, patience and commitment,” Anwar said in his speech at the state banquet held in conjunction with Xi’s visit. He also said at a time when multilateralism is under tremendous strain, when some nations abandon the principle of shared responsibility and others question long-standing commitments, China’s global initiatives offer a new lease on hope. “They look outward, not inward.

PETALING JAYA: Malaysia and China have signed 31 memoranda of understanding (MoUs) yesterday, ranging from defence to trade and transport. The MoUs aim to promote cooperation under the Global Security Initiative and the Global Civilisation Initiative, as well as to strengthen development collaboration and support the implementation of the Global Development Initiative. The two countries also signed a mutual visa exemption agreement for holders of public affairs and ordinary passports. In the digital sector, two MoUs were signed focusing on collaboration in artificial intelligence and the digital economy. Malaysia and China also signed an agreement to enhance cooperation in the railway sector as well as agriculture and food security. Prime Minister Datuk Seri Anwar Ibrahim and China President Xi Jinping witnessed the exchanging of the MoUs at the nation’s

˻ ͒͘ ˜ ͓͓͖͑

OÛÉÉ´ç ̉ÐÛ¹ÉØ©¿º ©º HÛØÌj '‰©¢¨ØÐ ‰æÉ‰€Ø‰ ç 0Û´çĚ H‰ØÌ¿ºjÐ $jÐ ¨ ,6"-" -6.163 1FUSPOBT (BT #IE 1(# FTUJNBUFT UIBU HBT SFTUPSBUJPO FGGPSUT BU 1VUSB )FJHIUT JO 4VCBOH +BZB DPVME CFHJO BT FBSMZ BT +VMZ QFOEJOH UIF PVUDPNF PG POHPJOH JOWFTUJHBUJPOT SFHVMBUPSZ BQQSPWBMT BOE BDUVBM TJUF QSPHSFTT *O B GJMJOH XJUI #VSTB .BMBZTJB PO 5VFTEBZ 1(# TBJE JU JT XPSLJOH DMPTFMZ XJUI BVUIPSJUJFT B HBT TIJQQFS BOE HBT EJTUSJCVUPST UP SFTVNF QJQFMJOF TFSWJDFT JO UIF BGGFDUFE BSFBT i"T B SFTVMU HBT TVQQMZ DBQBDJUZ GSPN UIF OPSUI UP UIF OPSUIFSO TFDUPS JODMVEJOH #FTUBSJ +BZB .FSV BOE ,BQBS IBT JODSFBTFE TVQQPSUFE CZ BEEJUJPOBM TVQQMZ GSPN UIF 5SBOT 5IBJMBOE .BMBZTJB HBT QJQFMJOF TZTUFN w UIF DPNQBOZ TBJE 1(# SFJUFSBUFE JUT DPNNJUNFOU UP TVQQPSUJOH DPNNVOJUJFT BGGFDUFE CZ UIF "QSJM HBT QJQFMJOF EJTBTUFS JO 1VUSB )FJHIUT BEEJOH UIBU UIF TBGFUZ BOE XFMMCFJOH PG SFTJEFOUT SFNBJO JUT UPQ QSJPSJUZ BMPOH XJUI FOTVSJOH DPOUJOVPVT HBT TVQQMZ 5IF DPNQBOZ JT GVMMZ DPPQFSBUJOH XJUI UIF %FQBSUNFOU PG 0DDVQBUJPOBM 4BGFUZ BOE )FBMUI 'JSF BOE 3FTDVF %FQBSUNFOU BOE QPMJDF UP GBDJMJUBUF JOWFTUJHBUJPOT BOE FOBCMF OFDFTTBSZ SFDUJGJDBUJPO BOE SFNFEJBM XPSLT PO UIF QJQFMJOF SFQPSUFE #FSOBNB i5IF XPSLT JODMVEF TIFFU QJMJOH GPS TPJM TUBCJMJTBUJPO XBUFS NPWFNFOU NBOBHFNFOU BOE QJQFMJOF FYDBWBUJPO w JU TBJE *O UIF NFBOUJNF PQFSBUJPOT BU UIF 4FSEBOH $JUZ (BUF IBWF SFTVNFE SFTVMUJOH JO NPSF TUBCMF HBT TVQQMZ BDDFTT BDSPTT UIF ,MBOH 7BMMFZ i1(# XJMM DPOUJOVF UP FOHBHF XJUI SFHVMBUPST BOE SFMFWBOU BVUIPSJUJFT UP TUBCJMJTF HBT TVQQMZ XIJMF TBGFMZ DBSSZJOH PVU SFNFEJBM XPSLT BOE TVQQPSUJOH UIF POHPJOH JOWFTUJHBUJPOT w JU BEEFE 'PMMPXJOH UIF EJTBTUFS HBT TVQQMZ XBT EJTSVQUFE JO TFWFSBM DFOUSBM [POF BSFBT CVU FMFDUSJDJUZ TVQQMZ JO 1FOJOTVMBS .BMBZTJB SFNBJOFE TUBCMF "DDPSEJOH UP UIF &OFSHZ $PNNJTTJPO UIF JODJEFOU BGGFDUFE HBT TVQQMZ UP GPVS NBKPS QPXFS TUBUJPOT JO UIF ,MBOH 7BMMFZ o UIF $POOBVHIU #SJEHF 1VMBV *OEBI 4VMUBO 4BMBIVEEJO "CEVM "[J[ ,&7 BOE 1VUSBKBZB TUBUJPOT "NPOH UIF BSFBT SFQPSUFE UP IBWF FYQFSJFODFE HBT TVQQMZ EJTSVQUJPOT BSF 4IBI "MBN ,MBOH 4FSEBOH 1VDIPOH #BUV 5JHB BOE ,BQBS JO UIF DFOUSBM [POF BT XFMM BT QBSUT PG UIF OPSUIFSO [POF 5IF DPNNJTTJPO TBJE HBT TVQQMZ JT DVSSFOUMZ BWBJMBCMF PO B MJNJUFE CBTJT XJUI QSJPSJUZ HJWFO UP DSJUJDBM TFSWJDFT TVDI BT IPTQJUBMT FMFDUSJDJUZ HFOFSBUJPO BOE QJQFMJOF QSFTTVSF TUBCJMJTBUJPO

W¹º¿ j ¿ÉØÐ ĝ¹jºīØ¿ī¹jº ¹j̲©º¢Ğ jÉÉÌ¿j€¨ ’¿Ì ç‰€Ø©¿º 5"1") 6NOP JT PO UIF HSPVOE XJUI B ANBO UP NBO NBSLJOH TUSBUFHZ JO FGGPSUT UP XJO PWFS WPUFST JO UIF "ZFS ,VOJOH CZ FMFDUJPO BOE CVJMEJOH WPUFST DPOGJEFODF JO UIF #BSJTBO /BTJPOBM #/ DBOEJEBUF .BO UP NBO NBSLJOH NFBOT

MBVODIJOH QFSTPOBM BUUBDLT BHBJOTU PQQPOFOUT 5IF "ZFS ,VOJOH CZ FMFDUJPO PO "QSJM XJMM TFF B UISFF XBZ GJHIU CFUXFFO .PIBNBE :VTSJ "CE .VIBJNJO .BMFL PG 1FSJLBUBO /BTJPOBM BOE #BXBOJ ,4 PG 1BSUJ 4PTJBMJT .BMBZTJB o #FSOBNB

DBSF PG WPUFST CFDBVTF JU JT NPSF FGGFDUJWF 5IBU JT XIZ XF EP OPU EP NBOZ NFHB UBMLT BOE DFSBNBIw IF UPME SFQPSUFST XIFO NFU XIJMF DBNQBJHOJOH XJUI #/ DBOEJEBUF %S .PIBNBE :VTSJ #BLJS BU #JEPS #PUBOJDBM 1BSL PO 5VFTEBZ )F EFTDSJCFE UIF #/ DBNQBJHO BT iQPMJUJDBMMZ NBUVSFw XIJDI SFGSBJOT GSPN

BTTJHOJOH DBNQBJHO XPSLFST UP TNBMM HSPVQT PG WPUFST BMMPXJOH GPS NPSF NFBOJOHGVM JOUFSBDUJPOT CFUXFFO DBOEJEBUF BOE WPUFST i 'PS JOTUBODF POF NBDIJOF UBLFT

1BSUZ TFDSFUBSZ HFOFSBM %BUVL %S "TZSBG 8BKEJ %VTVLJ TBJE UIF BQQSPBDI JT QSPWJOH UP CF FGGFDUJWF JO GPTUFSJOH QFSTPOBM SFMBUJPOTIJQT

K8ŘŘ ©´´©¿º ¨¿ÛЩº¢ Ûº©ØÐ ÐØÛ€² ©º ´©¹¿

Ű OFXTEFTL!UIFTVOEBJMZ DPN

ÚËÞÏ ÙÐ ËÌËØÎÙØÏÎ ÚÜÙÔÏÍÞÝ ËØÎ ÞÒÙßÝËØÎÝ ÙÐ ßØÝÙÖÎ ÚÜÙÚÏÜÞÓÏÝ ØËÞÓÙØáÓÎÏ ËÞÞÜÓÌßÞÏÎ ÞÙ ÝßÚÚÖã̋ ÎÏ×ËØÎ ×ÓÝ×ËÞÍÒ

'FEFSBM 5FSSJUPSZ XJUI QSPKFDUT JOWPMWJOH VOJUT BOE ,FMBOUBO XJUI QSPKFDUT BOE VOJUT 5IF SFQPSU BEEFE UIBU NBOZ PG UIF USPVCMFE EFWFMPQNFOUT GBMM XJUIJO UIF 3. UP 3. QSJDF SBOHF SFQSFTFOUJOH PG BMM ATJDL QSPKFDUT *U XBSOFE UIBU OFX CVZFST MPPLJOH GPS IPNFT QSJDFE BU 3. BOE CFMPX NBZ GJOE JU JODSFBTJOHMZ EJGGJDVMU UP TFDVSF UJNFMZ EFMJWFSZ GSPN EFWFMPQFST i#BTFE PO UIF IPVTJOH DPTU CVSEFO BQQSPBDI IPNFT QSJDFE CFUXFFO 3. BOE 3. BSF DPOTJEFSFE BGGPSEBCMF GPS IPVTFIPMET FBSOJOH CFUXFFO 3. BOE 3. QFS NPOUI i)PXFWFS UIF EFWFMPQNFOUT SFNBJO WVMOFSBCMF UP QSPKFDU EFMBZT PS BCBOEPONFOUu UIF SFQPSU TBJE BEEJOH UIBU EFWFMPQFST GBDF GJOBODJBM GFBTJCJMJUZ JTTVFT GPS IPNFT QSJDFE CFMPX 3. UBSHFUFE GPS MPXFS JODPNF HSPVQT FBSOJOH CFMPX 3. 5IJT IBT DPNQPVOEFE UIF IPVTJOH TVQQMZ DIBMMFOHF 5IF SFQPSU BMTP SFWFBMFE UIBU UIFSF BSF BCBOEPOFE BOE USPVCMFE SFTJEFOUJBM VOJUT BDSPTT EFWFMPQNFOU QSPKFDUT JO .BMBZTJB i4FMBOHPS JT UIF NPTU BGGFDUFE TUBUF XJUI VOJUT TQSFBE BDSPTT QSPKFDUT *U IJHIMJHIUT UIF TFWFSJUZ PG UIF JTTVF JO UIF DPVOUSZ T NPTU QPQVMPVT BOE FDPOPNJDBMMZ BDUJWF TUBUF u 3FIEB FNQIBTJTFE UIBU UIF EFMBZ BOE EFUFSJPSBUJPO PG IPVTJOH QSPKFDUT FWFO JO VSCBO BSFBT QPJOU UP TJHOJGJDBOU XFBLOFTTFT JO QSPKFDU NBOBHFNFOU SJTL BTTFTTNFOU DBTI GMPX BOE SFHVMBUPSZ PWFSTJHIU i*G OPU BEESFTTFE JU XJMM QMBDF BEEJUJPOBM TUSBJO PO UIF FDPOPNZ VOEFSNJOF QVCMJD DPOGJEFODF JO UIF QSPQFSUZ NBSLFU BOE XPSTFO UIF OBUJPO T IPVTJOH BGGPSEBCJMJUZ DSJTJT u

1&5"-*/( +":" 0WFS 3. CJMMJPO XPSUI PG IPNFT BDSPTT .BMBZTJB BSF FJUIFS TUBMMFE JO BCBOEPOFE QSPKFDUT PS SFNBJO VOTPME SFWFBMJOH B NJTNBUDI CFUXFFO TVQQMZ BOE EFNBOE JO UIF DPVOUSZ T QSPQFSUZ NBSLFU 0G UIF TUBHHFSJOH GJHVSF VOJUT TUFNNFE GSPN BCBOEPOFE QSPKFDUT CZ MJDFOTFE EFWFMPQFST XIJMF B GVSUIFS VOJUT XFSF UIF SFTVMU PG EFWFMPQNFOUT CZ VOMJDFOTFE DPNQBOJFT 5IF TUBUJTUJDT XFSF SFWFBMFE JO UIF "CBOEPOFE )PVTJOH 3FQPSU QVCMJTIFE CZ UIF 3FBM &TUBUF BOE )PVTJOH %FWFMPQFST "TTPDJBUJPO *OTUJUVUF 3FIEB "EEJOH UP UIF DPODFSO TPNF VOTPME VOJUT GBMM XJUIJO UIF

IPNFT BCPWF 3. IBWF JODSFBTFE CZ "OPUIFS NBKPS DPODFSO JT UIF HSPXJOH OVNCFS PG iTJDL IPVTJOHu QSPKFDUT m EFWFMPQNFOUT UIBU GBJM UP NFFU UIF DPNQMFUJPO UJNFMJOFT TQFDJGJFE JO TBMF BOE QVSDIBTF BHSFFNFOUT "DDPSEJOH UP MBTUFTU EBUB TVDI QSPKFDUT IBWF CFFO JEFOUJGJFE JOWPMWJOH IPVTJOH VOJUT 4FMBOHPS SFDPSEFE UIF IJHIFTU OVNCFS PG TJDL QSPKFDUT XJUI EFWFMPQNFOUT JOWPMWJOH VOJUT 5IJT XBT GPMMPXFE CZ UIF

BGGPSEBCMF IPVTJOH DBUFHPSZ m QSJDFE BU 3. BOE CFMPX m BDDPVOUJOH GPS PG BMM VOTPME SFTJEFOUJBM VOJUT OBUJPOXJEF *U QPJOUT UP B USPVCMJOH USFOE m FWFO QSJDF DPOUSPMMFE IPNFT BSF TUSVHHMJOH UP GJOE CVZFST 5IF SFQPSU TBJE DPNQPVOEJOH UIF JTTVF JT UIF SJTJOH DPTU PG DPOTUSVDUJPO NBUFSJBMT XIJDI IBT QVTIFE EFWFMPQFST UP SBJTF QSJDFT -PXFS NJE SBOHF IPNFT XIJDI BSF UZQJDBMMZ QSJDFE CFUXFFO 3. BOE 3. IBWF TFFO IJLFT PG VQ UP XIJMF

5IF SFQPSU BMTP SFWFBMFE UIBU UIFSF BSF BCBOEPOFE BOE USPVCMFE SFTJEFOUJBM VOJUT BDSPTT EFWFMPQNFOU QSPKFDUT JO .BMBZTJB o ".*36- 4:"'*2 5)&46/

’’‰€Ø‰ ̉Щ ‰ºØÐ å‰Ì‰ ’̉‰ Ø¿ €¨¿¿Ð‰ ´¿€jØ©¿º ¿’ ̉´©‰’ ¨¿¹‰ÐĚ OĞ¢¿Ì ¢¿äØ 4&1"/( 5IF 4FMBOHPS HPWFSONFOU IBT SFGVUFE BMMFHBUJPOT UIBU JU IPVTFE SFTJEFOUT JOWPMWFE JO UIF HBT QJQFMJOF GJSF JO JTPMBUFE PS SFNPUF MPDBUJPOT 4UBUF )PVTJOH BOE $VMUVSF &YFDVUJWF $PVODJMMPS %BUVL #PSIBO "NBO 4IBI EJTNJTTFE UIF DMBJNT BOE DMBSJGJFE UIBU UIF TUBUF HPWFSONFOU IBE QSPWJEFE UFNQPSBSZ SFOUBM BDDPNNPEBUJPO CBTFE PO BWBJMBCJMJUZ PG WBDBOU IPVTJOH VOJUT JO 4FMBOHPS )F TUSFTTFE UIBU SFTJEFOUT XFSF OPU GPSDFE JOUP BOZ TQFDJGJD MPDBUJPO BOE XFSF HJWFO UIF GSFFEPN UP TFMFDU IPNFT UIBU CFTU TVJUFE UIFJS QSFGFSFODFT BOE OFFET )F QPJOUFE UP UIF BWBJMBCJMJUZ PG WBDBOU VOJUT BU 1BOHTBQVSJ 4FSJ 4VSJB JO ,PUB 8BSJTBO PGGFSFE VOEFS 4FMBOHPS 4."35 4FXB TDIFNF BT BO FYBNQMF PG UIF TUBUF T DPNNJUNFOU UP FOTVSJOH BEFRVBUF BOE BDDFTTJCMF UFNQPSBSZ IPVTJOH GPS UIPTF BGGFDUFE i8F SF HJWJOH UIFN UIF GMFYJCJMJUZ UP DIPPTF UIF VOJU UIFZ GJOE NPSF DPNGPSUBCMF *U T FOUJSFMZ VQ UP UIFN i5IFTF BSF OPU TFDPOE IBOE IPNFT 8IBU XF BSF PGGFSJOH BSF CSBOE OFX VOJUT BOE OPU IPVTFT UIBU IBWF CFFO VTFE PS QSFWJPVTMZ PDDVQJFE w IF UPME SFQPSUFST BGUFS IBOEJOH PWFS LFZT UP UXP IPNF PXOFST ZFTUFSEBZ #PSIBO XBT SFTQPOEJOH UP DSJUJDJTN BOE SVNPVST UIBU UIF TUBUF HPWFSONFOU XBT SFMPDBUJOH WJDUJNT UP VOGBNJMJBS BOE SFNPUF BSFBT GBS GSPN UIFJS PSJHJOBM IPNFT BOE DPNNVOJUJFT )F SFJUFSBUFE UIBU UIF HPWFSONFOU T QSJPSJUZ XBT UP TVQQPSU SFTJEFOUT JO UIFJS UJNF PG OFFE XJUIPVU BEEJOH VOOFDFTTBSZ IBSETIJQ 0O .POEBZ #PSIBO BOOPVODFE UIBU VOJUT BU UIF 4SJ 4VSJB "QBSUNFOUT XFSF CFJOH NBEF BWBJMBCMF UP BGGFDUFE GBNJMJFT BU B SFEVDFE NPOUIMZ SFOUBM PG 3. 5IF JOJUJBUJWF GPSNT QBSU PG B XJEFS TUBUF MFE FGGPSU UP TUBCJMJTF BOE TVQQPSU GBNJMJFT XIP IBWF CFFO EJTQMBDFE CZ UIF EFWBTUBUJOH JODJEFOU i5P EBUF XF IBWF SFDFJWFE BQQMJDBUJPOT GPS VOJUT BU 4FSJ 4VSJB 0VS UFBN JT SFWJFXJOH UIFN UP FOTVSF UIBU POMZ FMJHJCMF BQQMJDBOUT BSF BQQSPWFE i8F BSF GPDVTJOH PO UIPTF XIP HFOVJOFMZ OFFE B IPNF FTQFDJBMMZ UIPTF XIP EPO U DVSSFOUMZ PXO POF *G UIFZ NFFU UIF DSJUFSJB UIFZ XJMM CF BQQSPWFE EJSFDUMZ BOE XPO U CF SFRVJSFE UP QBZ B EFQPTJU 5IJT JT B TQFDJBM DBTF BOE XF SF IBOEMJOH JU XJUI DBSF w #PSIBO BEEFE UIBU DPPSEJOBUJPO XJUI UIF EJTUSJDU PGGJDF XBT OFDFTTBSZ UP QSFWFOU BOZ NJTVTF PG UIF BJE CFJOH PGGFSFE i8F XBOU UP QSFWFOU BOZPOF TMJQQJOH UISPVHI UIF DSBDLT PS UBLJOH BEWBOUBHF PG UIF TJUVBUJPO 0VS BJN JT UP QSPWJEF SFBM MBTUJOH TVQQPSU XJUIPVU GVUVSF DPNQMJDBUJPOT w 5IF CMB[F PO "QSJM DBVTFE FYUFOTJWF EBNBHF JO 1VUSB )FJHIUT EFTUSPZJOH IPNFT XJUI TUSVDUVSBM EBNBHF FYDFFEJOH QFS DFOU "O BEEJUJPOBM IPVTFT XFSF QBSUJBMMZ EBNBHFE XIJMF IPNFT XFSF BGGFDUFE CVU OPU CVSOU o #FSOBNB

˻ ͒͘ ˜ ͓͓͖͑

ŃØ¨‰ÐÛº j©´ç #>33>a >9 (9OT $K 8 ŃØ Malaysian Paper

K©Ð²Ð Ø¿ €¨©´ ̉º ©ºä¿´ä©º¢ 䉨©€´‰Ð ÐÉj̲ Ðj’‰Øç €j´´Ð

'¿¹‰ 8©º©ÐØÌç ÉÌ¿‰Ð j©´ç ¿ä‰Ì ©º€¿¹É´‰Ø‰ 0j´ÛÌ $‰¹©´jº¢ 1&5"-*/( +":" 5IF )PNF .JOJTUSZ IBT MBVODIFE BO JOWFTUJHBUJPO JOUP B DPOUSPWFSTJBM JMMVTUSBUJPO PG UIF OBUJPOBM GMBH UIF +BMVS (FNJMBOH XIJDI BQQFBSFE PO UIF GSPOU QBHF PG B WFSOBDVMBS EBJMZ PO 5VFTEBZ "T QBSU PG UIF QSPCF UIF NJOJTUSZ IBT JTTVFE B TIPX DBVTF MFUUFS UP UIF QVCMJDBUJPO TVNNPOJOH JUT SFQSFTFOUBUJWFT UP FYQMBJO UIF FSSPS 5IF JMMVTUSBUJPO XIJDI BDDPNQBOJFE B SFQPSU PO $IJOFTF 1SFTJEFOU 9J +JOQJOH T WJTJU UP .BMBZTJB XBT EFFNFE JODPNQMFUF GPS PNJUUJOH UIF DSFTDFOU TZNCPM o BO FTTFOUJBM FMFNFOU PG UIF OBUJPOBM GMBH UIBU SFQSFTFOUT *TMBN BT UIF PGGJDJBM SFMJHJPO PG UIF 'FEFSBUJPO 5IF NJOJTUSZ DPOGJSNFE UIBU UIF JOWFTUJHBUJPO JT CFJOH DBSSJFE PVU VOEFS UIF &NCMFNT BOE /BNFT 1SFWFOUJPO PG *NQSPQFS 6TF "DU BOE UIF 1SJOUJOH 1SFTTFT BOE 1VCMJDBUJPOT "DU i5IF +BMVS (FNJMBOH JT OPU KVTU B TZNCPM *U JT B QPXFSGVM SFQSFTFOUBUJPO PG PVS TPWFSFJHOUZ VOJUZ BOE OBUJPOBM JEFOUJUZ "OZ OFHMJHFODF JO JUT EFQJDUJPO JT VOBDDFQUBCMF BOE NBZ EJTSVQU UIF QFBDF BOE TUBCJMJUZ PG PVS NVMUJ FUIOJD TPDJFUZw UIF NJOJTUSZ TBJE JO B TUBUFNFOU ZFTUFSEBZ *U BEEFE UIBU UIF PNJTTJPO PG UIF DSFTDFOU TZNCPM DPOTUJUVUFT B CSFBDI PG PGGJDJBM TQFDJGJDBUJPOT BOE SBJTFT TFSJPVT DPODFSOT SFHBSEJOH QSPGFTTJPOBMJTN BOE SFTQFDU GPS OBUJPOBM TZNCPMT *U TBJE TVDI MBQTFT DPVME QPUFOUJBMMZ EJTSVQU IBSNPOZ XJUIJO .BMBZTJB T EJWFSTF TPDJFUZ 5IF NJOJTUSZ TUSFTTFE JU XPVME OPU UPMFSBUF BDUJPOT UIBU UISFBUFO QVCMJD TBGFUZ PS TPDJBM IBSNPOZ BOE XBSOFE UIBU GJSN BDUJPO XPVME CF UBLFO BHBJOTU BOZ QBSUZ GPVOE OFHMJHFOU JO QVCMJTIJOH DPOUFOU UIBU NBZ KFPQBSEJTF QVCMJD PSEFS $033&$5*0/ *O PVS BSUJDMF UJUMFE i*OTVSBODF AHJGU CSJOHT KPZ SFMJFG UP SFMJHJPVT PGGJDJBMTw QVCMJTIFE PO "QSJM PO QBHF XF JODPSSFDUMZ TUBUFE %BUVL 4IBIVM )BNFFE %BXPPE BT #FSKBZB -BOE #IE (SPVQ $&0 5IF BDUVBM (SPVQ $&0 GPS #FSKBZB -BOE #IE JT 4ZFE "MJ 4IBIVM )BNFFE 8F SFHSFU UIF FSSPS BOE BQPMPHJTF GPS BOZ DPOGVTJPO DBVTFE H‰Ìj² ¿ÉɿЩة¿º ´‰j ‰Ì ÐÛÐɉº ‰ ¿ä‰Ì ̉¹j̲Р*10) (VOVOH 4FNBOHHPM BTTFNCMZNBO 3B[NBO ;BLBSJB IBT CFFO TVTQFOEFE GSPN BUUFOEJOH UIF 1FSBL 4UBUF -FHJTMBUJWF "TTFNCMZ TJUUJOH GPS TJY NPOUIT FGGFDUJWF ZFTUFSEBZ PWFS SBDJTU BOE TFEJUJPVT SFNBSLT NBEF PO %FD MBTU ZFBS 5IF EFDJTJPO XBT NBEF GPMMPXJOH 3B[NBO T SFGFSSBM UP UIF "TTFNCMZ 3JHIUT BOE 1SJWJMFHFT $PNNJUUFF PO %FD 3B[NBO XIP JT BMTP UIF PQQPTJUJPO MFBEFS XBT GPVOE UP IBWF WJPMBUFE UIF 4UBOEJOH 0SEFST 5IF NPUJPO UP TVTQFOE IJN XBT UBCMFE CZ 0OH #PPO 1JPX 1)o#FSDIBN BOE TFDPOEFE CZ %BUVL 4IBISVM ;BNBO :BIZB #/o 3VOHLVQ EVSJOH UIF BTTFNCMZ TJUUJOH 4QFBLFS %BUVL .PIBNNBE ;BIJS "CEVM ,IBMJE BQQSPWFE UIF NPUJPO BGUFS JU SFDFJWFE B NBKPSJUZ WPUF GSPN UIF )PVTF 3B[NBO T SFNBSLT EVSJOH UIF BTTFNCMZ TJUUJOH XFSF EFFNFE UP IBWF DPOUSBWFOFE 3FHVMBUJPO C BOE D PG UIF 4UBOEJOH 0SEFST XIJDI DPODFSO NBLJOH PGGFOTJWF BOE TFEJUJPVT TUBUFNFOUT UIBU DPVME DBVTF IVSU PS JODJUF EJTDPSE o #FSOBNB

âÚÏÜÞÝ ÚßÝÒ ÐÙÜ ÝÞÜÓÍÞÏÜ ÏØÐÙÜÍÏ×ÏØÞ˜ ËÖÏÜÞ ÝãÝÞÏ×Ý ËØÎ ÚßÌÖÓÍ ËáËÜÏØÏÝÝ ÞÙ ÚÜÏàÏØÞ ÞÜËÑÏÎÓÏÝ

Ű OFXTEFTL!UIFTVOEBJMZ DPN

1&5"-*/( +":" 4BGFUZ FYQFSUT BSF DBMMJOH GPS VSHFOU NFBTVSFT UP QSFWFOU JODJEFOUT JOWPMWJOH JOBUUFOUJPO UP DIJMESFO JO WFIJDMFT BT TPNF DBTFT IBWF USBHJDBMMZ SFTVMUFE JO JOKVSJFT BOE EFBUI "MMJBODF GPS B 4BGF $PNNVOJUZ DIBJSNBO 5BO 4SJ -FF -BN 5IZF TBJE UIF TBGFUZ PG DIJMESFO NVTU CF USFBUFE BT B OBUJPOBM QSJPSJUZ *O B SFDFOU DBTF PO "QSJM B UISFF ZFBS PME CPZ TVTUBJOFE GBDJBM JOKVSJFT BGUFS GBMMJOH PVU PG B DBS XJOEPX BU ,N PG +BMBO -JQJT .FSBQPI 5IF DIJME T GBUIFS IBE QVMMFE PWFS UP BOTXFS B QIPOF DBMM BOE MBUFS ESPWF PGG POMZ SFBMJTJOH UXP LJMPNFUSFT BGUFS UIBU IJT TPO XBT NJTTJOH 0O .BSDI B POF ZFBS PME HJSM EJFE BGUFS TIF XBT BDDJEFOUBMMZ SVO PWFS CZ IFS GBUIFS XIJMF IF XBT SFWFSTJOH IJT DBS BU UIFJS IPNF JO 5BNBO %FTB )BSNPOJ +PIPS #BISV i5IFTF USBHFEJFT BSF QSFWFOUBCMF $IJMESFO TIPVME OFWFS CF MFGU BMPOF JO PS OFBS WFIJDMFT OPU FWFO GPS B NPNFOUu TBJE -FF )F VSHFE QBSFOUT BOE DBSFHJWFST UP SFNBJO WJHJMBOU BU BMM UJNFT BOE QSPQPTFE TUSJDUFS SFHVMBUJPOT UP FOTVSF DIJME TBGFUZ JOWPMWJOH WFIJDMFT "NPOH IJT SFDPNNFOEBUJPOT XFSF NBOEBUPSZ WFIJDMF DIFDLT GPS USBOTQPSU TFSWJDF PQFSBUPST MFHBM DPOTFRVFODFT GPS OFHMJHFODF BOE MJDFOTJOH SFRVJSFNFOUT m JODMVEJOH TBGFUZ USBJOJOH m GPS TDIPPM BOE EBZDBSF USBOTQPSU QSPWJEFST -FF BMTP DBMMFE GPS DMFBS QVCMJD BOE JOTUJUVUJPOBM HVJEFMJOFT UP SFJOGPSDF TBGFUZ QSBDUJDFT FTQFDJBMMZ JO QBSLJOH BSFBT i5IFTF NFBTVSFT XPVME QSPNPUF BDDPVOUBCJMJUZ BOE TJHOBM IPX TFSJPVTMZ XF USFBU DIJME FOEBOHFSNFOU u IF TBJE )F BMTP VSHFE BVUPNPUJWF NBOVGBDUVSFST BOE BVUIPSJUJFT UP JNQMFNFOU DIJME BMFSU TZTUFNT UFDIOPMPHZ UIBU EFUFDUT UIF QSFTFODF PG B DIJME JO B TUBUJPOBSZ WFIJDMF BOE BMFSUT UIF ESJWFS PS FNFSHFODZ DPOUBDUT JG OP BDUJPO JT UBLFO i4VDI TZTUFNT TIPVME CFDPNF TUBOEBSE JO BMM GBNJMZ BOE TDIPPM WFIJDMFT NVDI MJLF TFBUCFMU SFNJOEFSTu TBJE -FF BEEJOH UIBU UBY JODFOUJWFT PS SFCBUFT DPVME FODPVSBHF GBNJMJFT BOE

-FF TUSFTTFE UIF JNQPSUBODF PG DIJME SFTUSBJOU TZTUFNT XIJDI DPVME QSFWFOU DIJMESFO GSPN GBMMJOH PVU PG NPWJOH WFIJDMFT PS CFJOH UISPXO PVU EVSJOH B DPMMJTJPO o ".*36- 4:"'*2 5)&46/

USBHFEJFT PDDVSu TBJE 4IBISJN B GPSNFS CPBSE NFNCFS PG UIF .BMBZTJBO *OTUJUVUF PG 3PBE 4BGFUZ 3FTFBSDI )F BMTP IJHIMJHIUFE UIF EFWFMPQNFOU PG .Z$JOUB B TZTUFN EFTJHOFE GPVS ZFBST BHP UP EFUFDU DIJMESFO MFGU JO WFIJDMFT VTJOH NPUJPO BOE TPVOE TFOTPST i5IF TZTUFN DBO BMFSU UIF ESJWFS WJB QIPOF DBMM PS 4.4 QSPWJEF UIF WFIJDMF MPDBUJPO UISPVHI (PPHMF .BQT TMJHIUMZ MPXFS UIF XJOEPXT GPS WFOUJMBUJPO BOE BDUJWBUF IB[BSE MJHIUTu IF TBJE 4IBISJN VSHFE UIF HPWFSONFOU BOE 5SBOTQPSU .JOJTUSZ UP GVOE BOE JNQMFNFOU TVDI UFDIOPMPHZ QBSUJDVMBSMZ JO MPDBM DBS CSBOET TVDI BT 1SPUPO BOE 1FSPEVB )F BMTP QPJOUFE UP TJNQMFS UPPMT TVDI BT 8B[F T DIJME SFNJOEFS GFBUVSF XIJDI QSPNQUT ESJWFST UP DIFDL UIF CBDL TFBU )F TBJE QBSFOUT DPVME QMBDF FTTFOUJBM JUFNT TVDI BT QIPOFT CBHT PS *% DBSET OFYU UP UIF DIJME UP TFSWF BT B WJTVBM DVF i5IF QVCMJD BMTP IBT B SPMF UP QMBZ *G ZPV TFF B DIJME BMPOF JO B DBS FTQFDJBMMZ JO QSJWBUF QBSLJOH BSFBT JNNFEJBUFMZ JOGPSN UIF QPMJDF 'JSF BOE 3FTDVF %FQBSUNFOU PS CVJMEJOH TFDVSJUZ /FWFS JHOPSF JUu IF TUSFTTFE 4IBISJN GVSUIFS DBMMFE GPS FNFSHFODZ DIJME EFUFDUJPO TZTUFNT UP CF NBEF NBOEBUPSZ JO BMM OFX WFIJDMFT VOEFS UIF 7FIJDMF 5ZQF "QQSPWBM QSPDFTT BOE DBMMFE GPS UIF JODMVTJPO PG TVDI TZTUFNT JO UIF TBGFUZ SBUJOHT GPS BMM OFX GBNJMZ WFIJDMFT NBSLFUFE BDSPTT 4PVUIFBTU "TJB PG SFTQFDUJOH UIF 3T o SBDF SFMJHJPO BOE SPZBMUZ o FTQFDJBMMZ JO B NVMUJ SBDJBM BOE NVMUJ SFMJHJPVT DPVOUSZ TVDI BT .BMBZTJB 4IF BEEFE UIBU IFS PSHBOJTBUJPO IBE SFDFOUMZ DPOEVDUFE B XPSLTIPQ XJUI iFEVJOGMVFODFSTw o UFBDIFST XJUI B TUSPOH POMJOF QSFTFODF XIP BSF SFDPHOJTFE CZ UIF &EVDBUJPO .JOJTUSZ o UP GBNJMJBSJTF UIFN XJUI B DPOUFOU DPEF i8F BMTP FODPVSBHF UFBDIFST UP EFWFMPQ UIFJS PXO APOMJOF TBGFUZ TZMMBCJ GPS TUVEFOUT i'PS JOTUBODF B IJTUPSZ UFBDIFS DPVME HFU TUVEFOUT UP XBUDI EPDVNFOUBSJFT BOE UIFO JEFOUJGZ BOZ JOBDDVSBDJFT 5IJT IFMQT USBJO UIFN UP UIJOL DSJUJDBMMZ FTQFDJBMMZ JO BO BHF XIFO NJTJOGPSNBUJPO JT EFMJCFSBUFMZ DSFBUFE BOE TIBSFEw TIF TBJE .FEJIB BMTP FYQSFTTFE IPQF UIBU CZ FRVJQQJOH UFBDIFST XJUI LOPXMFEHF PG UIF DPEF UIFZ XPVME DVMUJWBUF EJHJUBM MJUFSBDZ BOE SFTQPOTJCJMJUZ BNPOH UIFJS TUVEFOUT

USBOTQPSU PQFSBUPST UP JOTUBMM DFSUJGJFE TBGFUZ TZTUFNT -FF BMTP TUSFTTFE UIF JNQPSUBODF PG DIJME SFTUSBJOU TZTUFNT $34 UIBU DPVME QSFWFOU DIJMESFO GSPN GBMMJOH PVU PG NPWJOH WFIJDMFT PS CFJOH UISPXO PVU EVSJOH B DPMMJTJPO i$BSSZJOH DIJMESFO PO MBQT PS BMMPXJOH UIFN UP USBWFM VOSFTUSBJOFE JT EBOHFSPVT BOE NVTU TUPQu IF TBJE "MUIPVHI UIF VTF PG $34 IBT CFFO NBOEBUPSZ VOEFS UIF 3PBE 5SBOTQPSU "DU "NFOENFOU GPS DIJMESFO VOEFS DN JO IFJHIU -FF OPUFE UIBU FOGPSDFNFOU SFNBJOT XFBL i4PNF GBNJMJFT DJUF IJHI DPTUT CVU UIFSF BSF OPX BGGPSEBCMF BOE DFSUJGJFE PQUJPOTu IF TBJE BEEJOH UIBU UIF HPWFSONFOU QSPWJEFT VQ UP SFCBUFT GPS # GBNJMJFT QVSDIBTJOH DIJME DBS TFBUT )PXFWFS IF BDLOPXMFEHFE UIF DIBMMFOHF GBDFE CZ MBSHFS GBNJMJFT BT NPTU DBST DBOOPU BDDPNNPEBUF NPSF UIBO UXP $34 VOJUT QPUFOUJBMMZ MFBWJOH TPNF DIJMESFO VOQSPUFDUFE .FBOXIJMF SPBE TBGFUZ BOE USBOTQPSU BEWPDBUF 4IBISJN 5BNSJO BMTP DBMMFE GPS B OBUJPOXJEF EJHJUBM TBGFUZ DBNQBJHO JOWPMWJOH UIF /BUJPOBM 1PQVMBUJPO BOE 'BNJMZ %FWFMPQNFOU #PBSE DBS NBOVGBDUVSFST BOE UIF $PNNVOJDBUJPOT .JOJTUSZ i8F OFFE DPOTJTUFOU NFTTBHJOH WJB TPDJBM NFEJB SBEJP BOE UFMFWJTJPO 5IF 3PBE 4BGFUZ 6OJU VOEFS UIF 3PBE 5SBOTQPSU %FQBSUNFOU NVTU CF QSPBDUJWF OPU KVTU SFBDUJWF BGUFS 4IF XBT DPNNFOUJOH PO B SFDFOU DBTF JOWPMWJOH B TUVEFOU GSPN B QSJWBUF TFDPOEBSZ TDIPPM XIP XBT GPVOE QSPEVDJOH TFYVBMMZ FYQMJDJU JNBHFT BOE WJEFPT PG IJT TDIPPMNBUFT .FEJIB TUSFTTFE UIBU XIJMF UFDIOPMPHJDBM BEWBODFNFOUT IBWF DSFBUFE OFX FDPOPNJD PQQPSUVOJUJFT UIFZ IBWF BMTP NBEF JU FBTJFS UP NJTVTF EJHJUBM QMBUGPSNT i5IFSF BSF ZFBS PME TDIPPMDIJMESFO TFMMJOH $BOWB QPTUFST POMJOF XIJDI * UIJOL JT SFBMMZ TNBSU #VU UIFSF BSF BMTP UIPTF XIP BDDFQU NPOFZ UP BMUFS JNBHFT PG UIFJS TDIPPMNBUFT BU TPNFPOF FMTF T SFRVFTU w TIF TBJE 4IF FNQIBTJTFE UIF OFFE UP JOTUJM B TFOTF PG SFTQPOTJCJMJUZ JO ZPVOH DPOUFOU DSFBUPST i5IFZ NVTU VOEFSTUBOE UIBU UIFJS BSUXPSL TIPVME OFWFS IBSN PUIFST w TIF BEEFE #FZPOE EJTDPVSBHJOH UIF DSFBUJPO PG MFXE DPOUFOU .FEJIB BMTP IJHIMJHIUFE UIF JNQPSUBODF

¿ºØ‰ºØ €Ì‰jØ¿ÌÐ ÛÌ¢‰ Ø¿ j€Ø ̉ÐÉ¿ºÐ©´ç ©º ( ÛЉ

Ű OFXTEFTL!UIFTVOEBJMZ DPN

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i$SFBUJOH FYQMJDJU JNBHFT PG PUIFST JT OPU TPNFUIJOH OFX *U IBT FYJTUFE GPS BHFT 1SFWJPVTMZ JU XBT TJNQMZ DBMMFE 1IPUPTIPQw TIF TBJE

˻ ͒͘ ˜ ͓͓͖͑

¿¹É´©€jØ©¿ºÐ ´‰jä‰ ÐØj؉´‰ÐÐ €¨©´ ̉º ©º ËÛjº jÌç

H¿´©€‰ ÉÌ¿‰ äjÌЩØç ÐØÛ ‰ºØÐ ĝ111Ğ ä© ‰¿ 4&1"/( 1PMJDF IBWF DPOGJSNFE SFDFJWJOH B SFQPSU PO 5VFTEBZ PWFS B XJEFMZ TIBSFE WJEFP BMMFHFEMZ JOWPMWJOH SBDJBM EJTDSJNJOBUJPO GFBUVSJOH 6OJWFSTJUJ 5FLOPMPHJ .BSB 6J5. %FOHLJM TUVEFOUT JO ,V ,MVY ,MBO ,,, MJLF DPTUVNFT 4FQBOH QPMJDF DIJFG "$1 /PSIJ[BN #BIBNBO TBJE UIF WJEFP JT CFMJFWFE UP CF QBSU PG B TUVEFOU BTTJHONFOU SFMBUFE UP UIF ,,, i*U JODMVEFT B SF FOBDUNFOU PG QBTU FWFOUT EFQJDUJOH XIJUF NFO LJMMJOH #MBDL JOEJWJEVBMT UIF SJTF PG UIF ,,, BOE UIF FWFOUVBM JOUSPEVDUJPO PG BOUJ EJTDSJNJOBUJPO MBXT w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o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i:PV DBO TFF 1.9 XBT USVMZ IPOPVSFE UP XFMDPNF UIF $IJOFTF QSFTJEFOU w DPNNFOUFE !"XBUJG8BSEJOB i4UBOEJOH SFTQFDUGVMMZ JO UIF SBJO TQFBLT WPMVNFT BCPVU UIF TUSFOHUI PG .BMBZTJBo$IJOB UJFT w 0UIFST PGGFSFE DPOTUSVDUJWF TVHHFTUJPOT UP FBTF GVUVSF EJTSVQUJPOT i.BZCF OFYU UJNF UIFZ DPVME DPOTJEFS VTJOH IFMJDPQUFST GPS 77*1T o FGGJDJFOU BOE USBGGJD GSFF w QSPQPTFE !NB[[LM 0GGFSJOH QSBDUJDBM BEWJDF !XBOGBSMFF QPTUFE i'SPN "QSJM UP BWPJE 1VUSBKBZB JG ZPV DBO 8JUI Ű OFXTEFTL!UIFTVOEBJMZ DPN

OFWFS TIBSF CBOLJOH EFUBJMT )F BEWJTFE UIF QVCMJD UP SFNBJO WJHJMBOU BHBJOTU POMJOF TDBNT UP CF DBVUJPVT XIFO SFDFJWJOH VOTPMJDJUFE DBMMT PS EFBMJOH XJUI VOLOPXO JOEJWJEVBMT BOE UP OFWFS EJTDMPTF CBOLJOH JOGPSNBUJPO UP PUIFST .FBOXIJMF JO 5FSFOHHBOV B TFOJPS NBOBHFS BU B QSJWBUF DPNQBOZ MPTU 3. BGUFS GBMMJOH WJDUJN UP B OPO FYJTUFOU UFOEFS TDBN ,VBMB 5FSFOHHBOV QPMJDF DIJFG "$1 "[MJ .PIE /PPS TBJE UIF ZFBS PME XPNBO XBT DPOUBDUFE PO .BSDI WJB 8IBUT"QQ CZ BO JOEJWJEVBM DMBJNJOH UP CF BO PGGJDFS GSPN UIF 'FEFSBM 5FSSJUPSZ &EVDBUJPO %FQBSUNFOU PGGFSJOH B DVSUBJO BOE BDDFTTPSJFT JOTUBMMBUJPO UFOEFS BU UIF #FTVU %JTUSJDU &EVDBUJPO 0GGJDF i)PXFWFS UIF TVTQFDU TUJQVMBUFE UIBU UIF NBUFSJBMT NVTU CF TPVSDFE GSPN B TVQQMJFS BQQPJOUFE CZ UIF EFQBSUNFOU w IF TBJE ZFTUFSEBZ )F BEEFE UIBU UIF WJDUJN NBEF UXP USBOTGFST UPUBMMJOH 3. JOUP B CBOL BDDPVOU QSPWJEFE CZ UIF TVTQFDU QVSQPSUFEMZ CFMPOHJOH UP UIF TVQQMJFS i4IF MPEHFE B QPMJDF SFQPSU ZFTUFSEBZ BGUFS EJTDPWFSJOH UIF UFOEFS PGGFS EJE OPU FYJTU 5IF DBTF JT CFJOH JOWFTUJHBUFE VOEFS 4FDUJPO PG UIF 1FOBM $PEF GPS DIFBUJOHw IF TBJE o #FSOBNB MFTT UIBO TJY NPOUIT BGUFS OJLBI BSF BMTP DPOTJEFSFE JMMFHJUJNBUF XIJMF OPO .VTMJN DIJMESFO DBO CF MFHJUJNJTFE JG UIF QBSFOUT NBSSZ MBUFS BOE UIF GBUIFS BDLOPXMFEHFT UIFN #FSOBNB SFQPSUFE -BXZFS "HBMZB + .VOVTBNZ XIP IBOEMFT DJUJ[FOTIJQ DBTFT TBJE .BMBZTJB TIPVME GPMMPX *OEPOFTJB BOE UIF 1IJMJQQJOFT XIFSF DIJMESFO HBJO DJUJ[FOTIJQ UISPVHI B QBSFOU SFHBSEMFTT PG NBSJUBM TUBUVT i:PV DBO U EFOZ B IVNBO SJHIU XIJDI JT DJUJ[FOTIJQ UP B DIJME KVTU CFDBVTF UIFJS QBSFOUT BSF OPU NBSSJFE u TIF TBJE 8IJMF DPVSUT DBOOPU DPNQFM %/" UFTUT JO DJWJM DBTFT "HBMZB TUJMM BEWJTFT IFS DMJFOUT UP UBLF UIFN BT B QSFDBVUJPO %/" IBT JO TPNF DBTFT TFDVSFE DJUJ[FOTIJQ *O *TMBNJD JOIFSJUBODF MBX GBSBJE JMMFHJUJNBUF DIJMESFO DBOOPU JOIFSJU GSPN UIFJS GBUIFST CVU NBZ SFDFJWF HJGUT EVSJOH UIF GBUIFS T MJGFUJNF 4UBUFMFTTOFTT IPXFWFS DPNQMJDBUFT JOIFSJUBODF DMBJNT .B[MBO T DIJMESFO NBZ JOIFSJU IJT QSPQFSUZ VOEFS *TMBNJD MBX EVF UP CMPPE UJFT CVU SFHJTUFSJOH UIFJS OBNFT PO MBOE UJUMFT XPVME CF EJGGJDVMU EVF UP UIFJS TUBUVT 0O .BZ UIF 5BJQJOH )JHI $PVSU SVMFE UIBU TUBUFMFTT JOEJWJEVBMT IBWF B SJHIU UP NBSSZ BOE UIBU UIF /3% NVTU SFHJTUFS TVDI NBSSJBHFT 5IF EFDJTJPO JT VOEFS BQQFBM

0O 0DU UIF %FXBO 3BLZBU QBTTFE DPOTUJUVUJPOBM BNFOENFOUT UIBU CPUI FYQBOEFE BOE MJNJUFE DJUJ[FOTIJQ SJHIUT 8IJMF UIFZ HBWF FRVBM SJHIUT UP .BMBZTJBO NPUIFST UIFZ BMTP SFNPWFE BVUPNBUJD DJUJ[FOTIJQ GPS DIJMESFO PG QFSNBOFOU SFTJEFOUT BOE MPXFSFE UIF BQQMJDBUJPO BHF MJNJU "T PG "QSJM UIFTF BNFOENFOUT IBWF ZFU UP UBLF FGGFDU %FTQJUF TDJFOUJGJD BEWBODFT JO %/" UFTUJOH UIF HPWFSONFOU NBJOUBJOT UIBU MFHBM NBSSJBHF JT QBSBNPVOU i*TMBN JT UIF SFMJHJPO PG PVS GFEFSBUJPO BOE XF VQIPME FBTUFSO WBMVFT BOE PVS USBEJUJPOT u TBJE )PNF .JOJTUFS %BUVL 4FSJ 4BJGVEEJO /BTVUJPO *TNBJM i*G XF BCBOEPO UIF SFRVJSFNFOU PG NBSSJBHF BOE SFMZ TPMFMZ PO %/" UIF GVUVSF PG PVS HFOFSBUJPOT XJMM CF BU SJTL u *OUFSOBUJPOBM *TMBNJD 6OJWFSTJUZ .BMBZTJB FTUBUF MBX FYQFSU %S 8BO /PSBJOJ .PIE 4BMJN TBJE NBSSJBHF JNQBDUT DJUJ[FOTIJQ JOIFSJUBODF BOE QSPQFSUZ SJHIUT i5IF MBX SFRVJSFT UIBU BOZ NBSSJBHF NVTU CF SFHJTUFSFE UP TBGFHVBSE UIF SJHIUT PG BMM UIF DJUJ[FOT u #VU UIFTF SFRVJSFNFOUT PGUFO USBQ TUBUFMFTT XPNFO JO B DZDMF PG FYDMVTJPO .VTMJN DIJMESFO CPSO

ÏÝÚÓÞÏ ÝÍÓÏØÞÓÐÓÍ ËÎàËØÍÏÝ ÓØ ÞÏÝÞÓØÑ˜ ÑÙàÞ ×ËÓØÞËÓØÝ ÖÏÑËÖ ×ËÜÜÓËÑÏ ÓÝ ÚËÜË×ÙßØÞ˜ Ó×ÚËÍÞÓØÑ ÜÓÑÒÞÝ ÙÐ ÝßÍÒ ÓØÎÓàÓÎßËÖÝ ÞÙ ÍÓÞÓäÏØÝÒÓÚ˜ ÚßÌÖÓÍ ÏÎßÍËÞÓÙØ˜ ÒÏËÖÞÒÍËÜÏ ËØÎ ÓØÒÏÜÓÞËØÍÏ

,6"-" -6.163 .B[MBO OPU IJT SFBM OBNF GFFMT B TUBC JO IJT IFBSU SFNFNCFSJOH XIFO IJT FMEFTU EBVHIUFS SFDFJWFE IFS TDIPPM T #FTU 4UVEFOU "XBSE UISFF ZFBST BHP *U XBT IJT QSPVEFTU BOE TBEEFTU NPNFOU i8IFO BOOPVODJOH IFS OBNF UIF ACJOUJ XBT GPMMPXFE CZ A"CEVMMBI JOTUFBE PG NZ OBNF u IF TBJE i* GFMU LJOE PG TBE u *O .BMBZTJB .VTMJN DIJMESFO CPSO PVU PG XFEMPDL BSF UZQJDBMMZ HJWFO UIF TVSOBNF i"CEVMMBIu PO PGGJDJBM EPDVNFOUT 8IJMF .B[MBO JT MJTUFE BT UIF GBUIFS PO BMM GPVS PG IJT DIJMESFO T CJSUI DFSUJGJDBUFT UIFZ TUJMM CFBS UIF i"CEVMMBIu TVSOBNF 5IF /BUJPOBM 3FHJTUSBUJPO %FQBSUNFOU /3% UPME .B[MBO XIP NBSSJFE JO 4BCBI BOE OPX MJWFT JO 4FMBOHPS UIBU IF MBDLFE B WBMJE NBSSJBHF DFSUJGJDBUF GSPN UIF 4BCBI *TMBNJD "GGBJST %FQBSUNFOU 8JUIPVU JU UIF NBSSJBHF JT OPU MFHBMMZ SFDPHOJTFE "MUIPVHI UIF DPVQMF USJFE UP SFHJTUFS UIFJS NPTRVF XFEEJOH IJT

XJGF XBT SFQFBUFEMZ UVSOFE BXBZ EVF UP MBDL PG QSPQFS JEFOUJGJDBUJPO EPDVNFOUT 4IF JT TUBUFMFTT IBWJOH CFFO BEPQUFE JO 4BCBI BOE UIBU TUBUVT IBT QBTTFE UP UIFJS DIJMESFO 'PS ZFBST .B[MBO BOE IJT XJGF IBWF TPVHIU DJUJ[FOTIJQ GPS UIFJS DIJMESFO XJUI OP TVDDFTT 3FTQPOTF GSPN UIF BVUIPSJUJFT EP OPU FYQMBJO XIBU XFOU XSPOH 5IFJS TJUVBUJPO JT JODSFBTJOHMZ VSHFOU m QSPQPTFE BNFOENFOUT NBZ MPXFS UIF DJUJ[FOTIJQ BQQMJDBUJPO BHF MJNJU GSPN UP 5IF 'FEFSBM $POTUJUVUJPO PVUMJOFT DJUJ[FOTIJQ CZ KVT TPMJ SJHIU PG MBOE KVT TBOHVJOJT SJHIU PG CMPPE BOE MFHJUJNBDZ :FU JO QSBDUJDF MFHBM NBSSJBHF UBLFT QSFDFEFODF PWFS CJPMPHJDBM UJFT 5IFSF BSF PWFS TUBUFMFTT QFPQMF JO .BMBZTJB BDDPSEJOH UP UIF 6OJUFE /BUJPOT )JHI $PNNJTTJPOFS GPS 3FGVHFFT BOE UIFJS OVNCFST DPOUJOVF UP HSPX 4UBUFMFTT

JOEJWJEVBMT DBOOPU BDDFTT QVCMJD FEVDBUJPO IFBMUIDBSF CBOL TFSWJDFT PS USBWFM GSFFMZ 8¿Ø¿Ì©ÐØÐ ̉j€Ø Ø¿ ØÌj’’©€ ©ÐÌÛÉØ©¿ºÐ 婨¨ åÌç ¨Û¹¿ÛÌ

H¨¿º‰ Ѐj¹ €¿ÐØÐ ‰´ ‰Ì´ç 忹jº ¿ä‰Ì K8ŜŚŕĘŕŕŕ

#6,*5 .&35"+". "O FMEFSMZ XPNBO JODVSSFE B MPTT PG 3. BGUFS GBMMJOH WJDUJN UP B QIPOF TDBN $FOUSBM 4FCFSBOH 1FSBJ QPMJDF DIJFG "$1 )FMNJ "SJT TBJE UIF ZFBS PME MPDBM SFUJSFF MPEHFE B SFQPSU PO .POEBZ DMBJNJOH TIF IBE CFFO EFDFJWFE i4IF SFDFJWFE B QIPOF DBMM PO 'FC GSPN B DBMMFS JEFOUJGZJOH IJNTFMG BT B QPMJDF PGGJDFS GSPN 1BIBOH DMBJNJOH UIBU TIF XBT JOWPMWFE JO B NPOFZ MBVOEFSJOH DBTF BOE TFWFSBM PUIFS DSJNJOBM PGGFODFT i IF TBJE JO B TUBUFNFOU ZFTUFSEBZ )FMNJ BEEFE UIBU UIF TVTQFDU UISFBUFOFE UP BSSFTU UIF XPNBO CVU BMTP PGGFSFE UP IFMQ IFS iSFTPMWFw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

5SBGGJD QPMJDF QFSTPOOFM SF SPVUJOH USBGGJD BU POF PG UIF DMPTFE TFDUJPOT ZFTUFSEBZ o "%*# 3"8* :"):" 5)&46/

VQEBUFT EVSJOH TVDI FWFOUT "VUIPSJUJFT IBWF DPOGJSNFE UIBU SPBET BDSPTT UIF ,MBOH 7BMMFZ XJMM CF DMPTFE JO QIBTFT GSPN 5VFTEBZ UP 5IVSTEBZ &BDI DMPTVSF XPVME MBTU BQQSPYJNBUFMZ UP NJOVUFT UP FOTVSF TBGF QBTTBHF PG UIF DPOWPZ CFGPSF SPBET BSF SFPQFOFE 5PEBZ DMPTVSFT BSF TDIFEVMFE UP CFHJO BU BN JNQBDUJOH TFWFSBM NBKPS SPVUFT JODMVEJOH +BMBO 1 -FCVI (FNJMBOH 1FSTJBSBO 4FMBUBO UIF 1VUSBKBZB %FOHLJM )JHIXBZ -JOHLBSBO 1VUSBKBZB UIF &MJUF )JHIXBZ BOE -FCVI ,-*"

SPBE DMPTVSFT GPS 1SFTJEFOU 9J T WJTJU JU T CFTU UP EFMBZ XBML JO BQQPJOUNFOUT BU HPWFSONFOU PGGJDFT w -PPLJOH BIFBE TPNF VTFST SBJTFE QPJOUT BCPVU JOGSBTUSVDUVSF JNQSPWFNFOUT i*G 1VUSBKBZB BOE UIF TVSSPVOEJOH BSFBT IBE CFUUFS SBJM MJOLT NBKPS WJTJUT XPVMEO U DBVTF TVDI DPOHFTUJPO w TBJE !3BOEPN)JTUPSZ( .FBOXIJMF PUIFST DBMMFE GPS SFBM UJNF OBWJHBUJPO TVQQPSU i$BO ZPV VQEBUF ZPVS NBQ EVSJOH UIF CMPDLBHF w TBJE !"CB(FOH(FOH DBMMJOH GPS BQQT UP QSPWJEF NPSF BDDVSBUF MJWF USBGGJD

˻ ͒͘ ˜ ͓͓͖͑

‰ÐØ åjç Ø¿ ̉¨j©´©ØjØ©¿º ©Ð ب̿ۢ¨ ب‰ ¨‰jÌØ

#"56 ("+") /PUIJOH CSJOHT HSFBUFS KPZ UP B GBUIFS FTQFDJBMMZ POF CFIJOE CBST UIBO UIF DIBODF UP FNCSBDF IJT DIJMESFO BGUFS B MPOH TFQBSBUJPO 4VDI XBT UIF FNPUJPOBM FYQFSJFODF PG ,BNBSVM OPU IJT SFBM OBNF XIP XBT PWFSXIFMNFE BOE JO UFBST BT IF SFVOJUFE XJUI IJT GJWF DIJMESFO BGUFS CFJOH BQBSU GPS PWFS B ZFBS EVF UP IJT JNQSJTPONFOU BU UIF #BUV (BKBI $PSSFDUJPOBM $FOUSF ,BNBSVM XBT BNPOH TFWFSBM QSPTQFDUT TFMFDUFE UP NFFU UIFJS GBNJMJFT VOEFS UIF DFOUSF T "JEJMGJUSJ $PSSFDUJPOBM 0VUSFBDI QSPHSBNNF IFME JO DPOKVODUJPO XJUI )BSJ 3BZB *OJUJBMMZ VOBXBSF UIBU BMM IJT DIJMESFO DVSSFOUMZ VOEFS UIF DBSF PG UIF 4PDJBM 8FMGBSF %FQBSUNFOU XPVME CF QSFTFOU ,BNBSVM SVTIFE GPSXBSE XJUI WJTJCMF FNPUJPO BT IJT DIJMESFO SBO UP FNCSBDF IJN i5IF NPNFOU XBT JODSFEJCMZ UPVDIJOH * XBT EFFQMZ NPWFE CZ UIF FGGPSU NBEF CZ UIF DPSSFDUJPOBM DFOUSF JO DPPSEJOBUJOH XJUI UIF 4PDJBM 8FMGBSF %FQBSUNFOU UP CSJOH NZ DIJMESFO IFSF *U NFBOT UIF XPSME UP NF u ,BNBSVM TBJE IF XBT TBE BOE IBQQZ BU UIF TBNF UJNF m TBE CFDBVTF IF NJTTFE UIF DIJMESFO TP NVDI BOE IBQQZ CFDBVTF GPS UIF GJSTU UJNF TJODF CFJOH BENJUUFE UP UIF DFOUSF B ZFBS BOE GJWF NPOUIT BHP IF GJOBMMZ HPU UP IVH UIFN BHBJO i* XBT UPME UIFZ XFSF SFBMMZ FYDJUFE UP DPNF BOE TFF NF *U XBSNT NZ IFBSU * IBWF XBJUFE TP MPOH GPS UIJT NPNFOU UP TFF BOE IPME NZ DIJMESFO BHBJO 0OMZ (PE LOPXT IPX NVDI * IBWF NJTTFE UIFN u "MTP QSFTFOU XBT #BUV (BKBI $PSSFDUJPOBM $FOUSF EJSFDUPS BTTJTUBOU DPNNJTTJPOFS 4 5BOBCBM #FSOBNB SFQPSUFE ,BNBSVM XIP JT TFSWJOH B UISFF

ÙÜÜÏÍÞÓÙØËÖ ÍÏØÞÜÏ ÚÜÏÝÝÏÝ ÜÓÑÒÞ ÌßÞÞÙØÝ Ìã ËÜÜËØÑÓØÑ ÝßÜÚÜÓÝÏ àÓÝÓÞÝ ÐÙÜ ÐË×ÓÖã ÙÐ ÜÏÝÓÎÏØÞÝ ÎßÜÓØÑ ÓÎÓÖÐÓÞÜÓ

i#VU * DPOTJEFS NZTFMG WFSZ GPSUVOBUF UP IBWF CFFO TFMFDUFE GPS UIJT QSPHSBNNF BOE UP CF BCMF UP NFFU NZ GBNJMZ JODMVEJOH NZ GBUIFS BOE NPUIFS *U IBT FBTFE TPNF PG UIF MPOHJOH JO NZ IFBSU u TIF TBJE *OUBO QMFEHFE UP UVSO PWFS B OFX MFBG BGUFS TIF JT SFMFBTFE i* WPX OFWFS UP SFQFBU UIF NJTUBLFT PG NZ QBTU BOE * USVMZ IPQF NZ GBNJMZ XJMM BDDFQU NF BHBJO 5IBU T XIBU * XBOU NPTU u 4IF JT BNPOH B GFX QSPTQFDUT XIP IBWF NFNPSJTFE TPNF DIBQUFST KV[VL PG UIF 2VSBO UISPVHI B SFIBCJMJUBUJPO QSPHSBNNF BU UIF DFOUSF *OUBO BMTP TIBSFE IFS BTQJSBUJPOT UP QVSTVF GVSUIFS TUVEJFT JO UIF BVUPNPUJWF GJFME *O IJT TQFFDI 5BOBCBM FNQIBTJTFE UIBU GPSNFS JONBUFT NVTU CF XFMDPNFE CBDL JOUP TPDJFUZ XJUIPVU UIF CVSEFO PG OFHBUJWF TUJHNB XIJDI PGUFO MFBET UP TPDJBM FYDMVTJPO BGUFS UIFJS SFMFBTF i*U JT DSVDJBM UIBU UIFTF JOEJWJEVBMT SFDFJWF TVQQPSU FTQFDJBMMZ GSPN UIFJS GBNJMJFT )FSF XF DBSSZ PVU UIF

ZFBS TFOUFODF GPS DIJME OFHMFDU IBT UISFF TPOT BOE UXP EBVHIUFST BHFE CFUXFFO UISFF BOE )F XBT BMMPXFE UP SFVOJUF XJUI IJT DIJMESFO BOE TIBSF B )BSJ 3BZB NFBM EVSJOH B TQFDJBM FWFOU UIBU MBTUFE PWFS BO IPVS )F UIBOLFE UIF 4PDJBM 8FMGBSF %FQBSUNFOU GPS DBSJOH GPS IJT DIJMESFO BOE GPS NBLJOH UIFJS XJTI UP WJTJU IJN B SFBMJUZ i* BENJU UIBU MJWJOH CFIJOE CBST IBT IBE B QSPGPVOE JNQBDU PO NF 8IFO * MFBWF UIJT QMBDF NZ NBJO QSJPSJUZ JT UP SBJTF NZ DIJMESFO JO UIF CFTU XBZ * DBO u IF TBJE i* N BMTP USVMZ UIBOLGVM UP UIF #BUV (BKBI $PSSFDUJPOBM $FOUSF GPS HJWJOH NF UIF DIBODF UP SFVOJUF XJUI NZ MJUUMF GBNJMZ 5IF TVSQSJTF UIFZ QSFQBSFE UPVDIFE NF EFFQMZ BOE JU T TPNFUIJOH * MM DIFSJTI GPSFWFS u 'PS *OUBO OPU IFS SFBM OBNF XIP JT DVSSFOUMZ TFSWJOH B TFOUFODF GPS ESVH USBGGJDLJOH UIF MPOHJOH GPS UIF XBSNUI PG &JE DFMFCSBUJPOT XJUI IFS GBNJMZ JO IFS WJMMBHF SFNBJOT EFFQ

,BNBSVM TQFOEJOH TPNF RVBMJUZ UJNF XJUI IJT DIJMESFO EVSJOH UIF FWFOU o #&3/"."1*$

i8IFO XF SFDFJWFE JOGPSNBUJPO BCPVU ,BNBSVM T TJUVBUJPO XF JNNFEJBUFMZ UPPL UIF JOJUJBUJWF UP MPDBUF IJT DIJMESFO XIP XFSF VOEFS UIF DBSF PG UIF 4PDJBM 8FMGBSF %FQBSUNFOU 8F UIFO TVCNJUUFE B SFRVFTU UP CSJOH UIFN IFSF UP WJTJU UIFJS GBUIFS JO DPOKVODUJPO XJUI UIF 4ZBXBM DFMFCSBUJPO i8F GJSNMZ CFMJFWF UIBU XJUI QSPQFS DPNNVOJDBUJPO BOE UIF SFIBCJMJUBUJPO QSPHSBNNFT JNQMFNFOUFE BU UIJT DFOUSF JONBUFT XIPN XF DBMM AQSPTQFDUT DBO USVMZ USBOTGPSN GPS UIF CFUUFS u

SFIBCJMJUBUJPO QSPDFTT CVU SFBM SFDPWFSZ DPOUJOVFT XJUI UIF MPWF BOE BDDFQUBODF JO UIFJS PXO IPNFT u )F TBJE TPNF GPSNFS QSPTQFDUT SFMBQTF JOUP DSJNF PS ESVH BCVTF CFDBVTF UIFZ BSF POMZ BDDFQUFE CBDL CZ UIF TBNF TPDJBM DJSDMFT UIBU MFE UIFN BTUSBZ XIJMF CFJOH SFKFDUFE CZ UIFJS PXO GBNJMJFT 5BOBCBM BEEFE UIBU UIF QSPHSBNNF NBEF IJTUPSZ BT JU NBSLFE UIF GJSTU UJNF UIF #BUV (BKBI $PSSFDUJPOBM $FOUSF TVDDFTTGVMMZ BSSBOHFE B GBNJMZ SFVOJPO GPS ,BNBSVM

͙ ˜ ͓͓͔͑

only

RM1

Malaysian Paper www.thesun.my

Nov 8 to Nov 10 A new sunrise Congratulations! You are holding the first edition of our new 32-page paper featuring more of the great content you have loved for the past 30 years. Copies will be free until Friday and will be available via subscription and at newsstands beginning Monday for only RM1.

SCAN ME No. 8389 PP 2644/12/2012 (031195) ( å©´´ Ш¿å ÛÉ jØ É‰€

per copy

Citing protection of country’s interests in terms of diplomatic, economic relations and security as reasons for joining meeting, Anwar says he remains steadfast in defending justice and rights of Palestinians.

st

tinians.

and rights

¨©€²‰º ÉÌ©€‰ ’´¿jØ ‰º‰’©ØÐ

8ÛÌÛ²Û ÐØ©´´ j ºjØ©¿ºj´ ’ Buntong entrepreneu ’ 60-year-old ÐØ©´´ j ºjØ©¿ºj´ º ’ Û Buntong entrepreneur’

€¿ºÐÛ¹‰ÌÐ A week after sub id ended A week after subsid

+

Story on pag Full story

on pag

1 - y ear s u bscr ip t io n at n o rma l p r i ce RM 361* (361 i ss u es ) + RM 70 a d m i n i strat io n f ee t o get 2nd year free

*Sp ec i a l off er o n ly v a lid u nt il 30 th Ap r il 2025

6 -m o nth s u bscr ip t io n (180 i ss u es ) fo r o n ly RM 160* (Normal price RM180) 1 - y ear s u bscr ip t io n (361 i ss u es ) fo r o n ly RM 300* (Normal price RM361)

PERSONAL PARTICULARS Name:

Enclosed is my payment of RM payable to SUN MEDIA CORPORATION SDN BHD. (Please WhatsApp your bank-in slip to 0182929936 or email to subscribe@thesundaily.com) DETAILS OF CURRENT NEWS VENDOR (IF ANY) Vendor name: Contact no: For your convenience, you may call or send in your subscription particulars via any of the following: Tel: KL/PJ 03-7781 4000, 03-7784 6688 (9.30am - 5pm, Monday to Friday) Whatsapp No: +6018-292 9936 Post: P.O. Box 179, Jalan Sultan, 46720 Petaling Jaya, Selangor Darul Ehsan Attn: Subscription Email: subscribe@thesundaily.com * Terms & Conditions apply Important note: SMCSB reserves the right to revise the price at any time without prior notice. 1BZ UP .BZCBOL "DDPVOU OVNCFS "DDPVOU OBNF 46/ .&%*" $03103"5*0/ 4%/ #)% NRIC: Chinese Indian Others Residence Office State: Mobile No:

SCAN TO SUBSCRIBE

Race:

Malay

Profession: Commencement date: Delivery Address:

Postcode:

Tel:

*No t i nc lu s iv e of v en do r ser vi ce charge

E-mail:

Made with FlippingBook Learn more on our blog