ALRICH - Notice of Book Closure

CONSOLIDATION OF EVERY 4 EXISTING ORDINARY SHARES IN ALDRICH RESOURCES BERHAD ("ALDRICH" OR "COMPANY") ("ALDRICH SHARES") HELD AS AT 5.00 P.M. ON 16 JANUARY 2026 ("ENTITLEMENT DATE") INTO 1 ALDRICH SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted "Ex - Consolidation” as from: 15 Jan 2026
2) The last date of lodgment : 16 Jan 2026

Remarks 1: 
Participating Organisations are to take note of the following Share Consolidation exercise by ALDRICH RESOURCES BERHAD.
 

The Share Consolidation comprises the following:-
CONSOLIDATION OF EVERY 4 EXISTING ORDINARY SHARES IN ALDRICH RESOURCES BERHAD ("ALDRICH" OR "COMPANY") ("ALDRICH SHARES") HELD AS AT 5.00 P.M. ON 16 JANUARY 2026 ("ENTITLEMENT DATE") INTO 1 ALDRICH SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

In relation to the Share Consolidation undertaken by ALRICH as a SPEEDS Corporate Exercise, Bursa Malaysia Securities Berhad would like to highlight that:
 (a) on or after the Ex-date on 15 Jan 2026, trading of ALRICH shares will be based on the newly adjusted share after the Share Consolidation of ALRICH shares,
 (b) on the basis of settlement taking place after 16 Jan 2026 with consolidated ALRICH shares, any entitled shareholder who owns ALRICH shares as at Ex-date may sell only up to the maximum ALRICH shares he expects to receive after the Share Consolidation, i.e. the reduced amount, on or after the Ex-date 15 Jan 2026.

With the adjustments pursuant to the Share Consolidation effected on ALRICH shareholders’ CDS account at the end of the Entitlement Date (“Books Closure   Date”), an entitled ALRICH  shareholder may use the following basis to estimate the maximum number of ALRICH  shares that he may sell from the Ex-date until the Book Closing Date which is from 15 Jan 2026 until 16 Jan 2026.
 
Number of ALRICH shares that may be                                =              Number of shares held / 4
sold from 15 Jan 2026 until 16 Jan 2026                                 (All fractional shares computed should be disregarded)

Illustration:
For example, if Mr X owns or purchases 400 ALRICH shares on cum basis on 14 Jan 2026, his CDS account would still show 400 ALRICH  shares until 16 Jan 2026. However, as a result of the above Share Consolidation exercise, Mr X’s 400 ALRICH  shares in his CDS account will be adjusted to 100 ALRICH shares on the night of 16 Jan 2026 which is the Book Closing Date. Therefore, Mr X may, if he so wishes, sells only up to 100 ALRICH  shares on or after the Ex-date i.e. from  15 Jan 2026 onwards.

Participating Organisations are hereby requested to caution all dealers and remisiers that, during the period from 15 Jan 2026 until 16 Jan 2026, they are only entitled to sell the maximum of 1/ 4 of the shares owned before the Ex-date. Participating  Organisations are reminded that it is important to caution all dealers and remisiers on the above to prevent the dealers and remisiers from overselling of their client’s position

Remarks 2: 

The Share Consolidation entails the consolidation of every 4 existing Aldrich Shares held on the Entitlement Date into 1 Consolidated Share.

The actual number of Consolidated Shares will be determined based on the number of issued Aldrich Shares on the Entitlement Date. Fractional entitlements of the Consolidated Shares arising from the Share Consolidation, if any, shall be disregarded and/or dealt with by the Board of Directors of the Company in such manner at its absolute discretion as it may deem fit or expedient and in the best interest of the Company.

The Consolidated Shares will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad on 19 January 2026 ("Listing Date"), being the next market day following the Entitlement Date.

The notices of allotment of the Consolidated Shares will be issued and despatched to the respective entitled shareholders of the Company within 4 market days after the Listing Date.