(Reference is made to SDP's announcements dated 21 April 2026 and 23 April 2026 in relation to the Proposed LTIP ("Announcement"). Unless otherwise stated, all defined, capitalised terms and abbreviations used herein shall have the same meanings as those used in the Announcement.)
On behalf of SDP, CIMB is pleased to announce that Bursa Securities had, through its letter dated 4 May 2026, resolved to approve the listing of and quotation for such number of new Shares, representing up to 5% of the total number of issued shares of SDP (excluding treasury shares, if any) to be issued pursuant to the Proposed LTIP on the Main Market of Bursa Securities, subject to the following conditions:
SDP and CIMB must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed LTIP;
CIMB is required to submit a confirmation to Bursa Securities of full compliance of the Proposed LTIP pursuant to Paragraph 6.43(1) of the Listing Requirements and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in the general meeting approving the Proposed LTIP; and
- SDP is required to furnish Bursa Securities on a quarterly basis a summary of the total number of Shares listed pursuant to the Proposed LTIP as at the end of each quarter together with a detailed computation of listing fees payable.
This announcement is dated 4 May 2026.