(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 8 November 2019 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)

Reference is made to the earlier announcements dated 8 November 2019, 26 November 2019, 24 December 2019, 6 March 2020, 10 March 2020, 26 March 2020, 6 April 2020, 27 April 2020 and 13 May 2020.

On behalf of the Board, Mercury Securities wishes to announce that the Private Placement has been completed following the listing and quotation of 253,947,100 Placement Shares, being the last tranche of Placement Shares for the Private Placement, on the Main Market of Bursa Securities on 20 May 2020.

This announcement is dated 20 May 2020.