We refer to the previous announcements dated 21 August 2019, 11 October 2019, 3 December 2019,  25 February 2020, 2 April 2020, 22 April 2020, 21 May 2020, and 24 August 2020 in relation to the non-compliance with public shareholding spread requirement pursuant to Paragraph 8.02(1) of the Listing Requirements.

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the above matter.

On 24 September 2020, LTKM had applied to Bursa Securities seeking for an extension of time to comply with the Public Spread Requirement (“EOT Application”). Bursa Securities had, vide its letter dated 6 October 2020, granted LTKM an extension of time of six (6) months until 31 March 2021 to comply with the Public Spread Requirement.

The Company will continue to use the extension of time to allow sufficient time to the Joint Offerors to formulate a firm plan with regards to their intention. As at the date of this announcement, LTKM has not received a proposal or plan from the Joint Offerors to address the Public Spread Requirement.

The Company’s public shareholding spread was 13.00% as at 6 October 2020.

This announcement is dated 7 October 2020.