MICROLN

0.090

-0.005 (-5.3%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MICROLINK SOLUTIONS BERHAD ("MSB" OR THE "COMPANY") - RENOUNCEABLE RIGHTS ISSUE OF 536,198,072 NEW ORDINARY SHARES IN MSB ("MICROLN SHARES") TOGETHER WITH 536,198,072 FREE DETACHABLE WARRANTS ON THE BASIS OF 1 RIGHTS SHARE WITH 1 WARRANT A FOR EVERY 2 EXISTING MICROLN SHARES HELD ("RIGHTS ISSUE WITH WARRANTS")

MICROLINK SOLUTIONS BERHAD

Type

Announcement

Subject

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING

Description

MICROLINK SOLUTIONS BERHAD ("MSB" OR THE "COMPANY") - RENOUNCEABLE RIGHTS ISSUE OF 536,198,072 NEW ORDINARY SHARES IN MSB ("MICROLN SHARES") TOGETHER WITH 536,198,072 FREE DETACHABLE WARRANTS ON THE BASIS OF 1 RIGHTS SHARE WITH 1 WARRANT A FOR EVERY 2 EXISTING MICROLN SHARES HELD ("RIGHTS ISSUE WITH WARRANTS")

Reference is made to the Company’s announcements dated 27 November 2024, 30 December 2024, 10 April 2025, 6 May 2025, 16 May 2025, 3 June 2025, 5 June 2025, 13 June 2025, 30 June 2025, 22 July 2025, 28 July 2025, 29 July 2025 and 29 August 2025 in relation to the Rights Issue with Warrants (“Announcements”). Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Announcements.

The Company had on 6 May 2025 obtained shareholders’ approval on the Rights Issue with Warrants. At the end of financial period ended 30 September 2025 (“Q1 2026”), the following Rights Shares and Warrants were issued:

Issuance Date

No of Rights Issues (Ordinary Shares) issued and allotted

Price per Rights Share (RM)

Total proceeds (RM)

29 July 2025

536,198,072

0.16

85,792,000

Issuance Date	No of Warrants issued and allotted	Price per Warrants (RM)	Total proceeds (RM)
29 July 2025	536,198,072	0	0

The status update on the utilisation of the proceeds raised is as follows:-

Purpose	Proposed Utilisation RM'000	Actual Utilisation RM'000	Intended Timeframe for Utilisation	Balance as at 19 November 2025 (the latest practicable date which is not earlier than 7 days from the date of issuance of Q1 2026 results) RM'000	Remarks
Repayment of borrowings	44,092	44,092	within 3 months	-	Used as intended.
Working Capital	14,300	11,417	within 12 months	2,883	Used as intended.
Project expenses	19,000	10,070	within 12 months	8,930	Used as intended
R&D expenses	5,000	-	within 12 months	5,000	Not yet commenced.
Expenses relating to Rights Issue with Warrants	3,400	3,105	within 1 month	295	Unused and overprovision of RM0.3 million expenses relating to the Rights Issue with Warrants will be re-allocated to use for working capital purposes.
Total	85,792	68,684		17,108

The balance unutilised proceeds of RM17,108,000 is being placed in bank.

This announcement is dated 26 November 2025.

Announcement Info

Company Name	MICROLINK SOLUTIONS BERHAD
Stock Name	MICROLN
Date Announced	26 Nov 2025
Category	General Announcement for PLC
Reference Number	GA1-26112025-00046

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