NOVAMSC-PA - (I) RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,095,106,469 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES (ICPS) (RIGHTS ICPS) IN NOVAMSC AT THE ISSUE PRICE OF RM0.01 PER RIGHTS ICPS ON THE BASIS OF 8 RIGHTS ICPS FOR EVERY 3 EXISTING ORDINARY SHARES IN NOVAMSC ("RIGHTS ISSUE OF ICPS"); AND (II) PLACEMENT OF 420,000,000 NEW ICPS (PLACEMENT ICPS) AT THE ISSUE PRICE OF RM0.01 PER PLACEMENT ICPS ("PLACEMENT OF ICPS") ("COLLECTIVELY REFERRED TO AS "RIGHTS ISSUE AND PLACEMENT OF ICPS")

Kindly be advised that NOVAMSC's 1,397,552,400 ICPS A issued pursuant to the Rights Issue and Placement of ICPS will be admitted to the Official List of Bursa Securities and the listing of and quotation for the ICPS A on the ACE Market will be granted with effect from 9.00 a.m., Thursday, 26 March 2020.

The Stock Short Name, Stock Number and ISIN Code of the ICPS A are "NOVAMSC-PA", "0026PA" and "MYQ0026PAZ36" respectively.