We refer to the announcements dated 9 April 2026 and 24 April 2026 in relation to the Proposed Bonus Issue ("Announcements"). Unless otherwise defined, the definitions in the Announcements shall apply here.
On behalf of the Board, M&A Securities Berhad ("M&A Securities") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had via its letter dated 5 May 2026, resolved to approve the listing of and quotation for up to 1,000,001,472 Bonus Shares to be issued pursuant to the Proposed Bonus Issue on the Main Market of Bursa Securities, subject to the following conditions:
(i) IDEAL and M&A Securities must fully comply with the relevant provisions under the Main Market Listing Requirements ("Listing Requirements") pertaining to the implementation of the Proposed Bonus Issue;
(ii) IDEAL/M&A Securities to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders at a general meeting for the Proposed Bonus Issue;
(iii) IDEAL and M&A Securities to inform Bursa Securities upon the completion of the Proposed Bonus Issue;
(iv) IDEAL and M&A Securities to furnish Bursa Securities with a written confirmation of their compliance with the terms and conditions of Bursa Securities' approval once the Proposed Bonus Issue is completed; and
(v) IDEAL and M&A Securities are required to make the relevant announcements pursuant to Paragraphs 6.35(2)(a)&(b) and 6.35(4) of the Listing Requirements.
This announcement is dated 5 May 2026.