(Unless otherwise stated, all abbreviations used in this announcement shall have the same meanings as defined in the Company’s announcement dated 25 September 2020 in relation to the Proposed SCR)

We refer to the announcements dated 26 August 2020 and 25 September 2020 in relation to the Proposed SCR.

Pursuant to Paragraphs 19.04(1)(a) and (d) of the Rules, on behalf of the Board, Maybank IB wishes to announce that Kwan Min Nyet, being a person acting in concert with Kwan Ngen Wah in respect of the Proposed SCR and a director of Kwantas, has dealt in Kwantas Shares for her own account on 3 December 2020. The details of the dealings are as follows:

Transaction date

Description of the transaction

No. of Kwantas Shares

Transaction price*
(RM per Kwantas Share)

3 December 2020

Acquisition

62,500

1.61

Note:

*            Excludes brokerage and other incidental costs.

This announcement is dated 4 December 2020.