We refer to the announcements dated 4 July 2019, 9 July 2019, 10 October 2019, 23 October 2019, 29 November 2019 and 3 December 2019 (“Announcements”) as well as the circular to the shareholders of Stella dated 18 September 2019 (“Circular”) in relation to the Corporate Exercises. Unless otherwise stated, abbreviations and definitions used in this announcement shall be the same as those previously defined in the Announcements and the Circular.

On behalf of the Board, TA Securities wishes to announce that the Company had, on 14 January 2020, received the notice dated 10 January 2020 issued by the Registrar of Companies (“Notice”), confirming the reduction of share capital. Pursuant to Section 119(4) of the Act, the Notice shall be conclusive evidence that all the requirements of the Act with respect to reduction of share capital have been complied with. Accordingly, the Share Capital Reduction is effectively as at 10 January 2020.

Following the completion of the Share Capital Reduction, the issued share capital of the Company is RM31,712,508 comprising 67,000,000 ordinary shares in Stella.

This announcement is dated 14 January 2020.