Unless otherwise defined, the definitions set out in the previous announcements in relation to the Proposed Regularisation Plan shall apply herein.
On behalf of the Board, M&A Securities wishes to announce that the Company's solicitors had vide its letter dated 20 May 2026 confirmed that all conditions precedent set out in the JVA II have been fulfilled. Accordingly, the JVA II has become unconditional, which marks the deemed completion of the Joint Development.
This announcement is dated 20 May 2026.