We refer to the all previous announcements in relation to the Offer. Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those previously defined in the previous announcements in relation to the Offer.

The Board of Directors of HWGB wishes to announce that the Company had received a press notice from M&A Securities, on behalf of the Offeror and Ultimate Offerors, informing that the Offerors had acquired a total of 4,891,300 HWGB Shares equivalent to approximately 0.96% of the total voting shares in the HWGB as at 14 May 2020 (“Acquisition”)

The Acquisition resulted in the Offeror, Ultimate Offerors and Persons Acting In Concert holding in aggregate together more than 50% of the total voting shares in HWGB as at 5.00 p.m. (Malaysian time) on 14 May 2020 as set out in the press notice.

Accordingly, the conditional mandatory take-over offer has become an unconditional mandatory take-over offer on 14 May 2020.

Please refer to the attached press notice for further details.

This announcement is dated 14 May 2020.