Reference is made to the announcements dated 16 June 2020 and 23 July 2020 in relation to the Proposed ESS (“Announcements”). Unless otherwise defined, the definitions set out in the previous Announcements shall apply herein.

On behalf of the Board, AmInvestment Bank is pleased to announce that Bursa Securities has vide its letter dated 13 August 2020, granted its approval for the listing and quotation for up to fifteen percent (15%) of the total number of issued ordinary shares of RCE (excluding treasury shares) to be issued pursuant to the Proposed ESS.

The aforesaid approval is subject to, inter alia, the following conditions:-

(i) RCE and AmInvestment Bank must fully comply with Paragraph 8.19 of the Listing Requirements pertaining to the implementation of the Proposed ESS;

(ii) AmInvestment Bank is required to submit a confirmation to Bursa Securities of full compliance of the ESS pursuant to Paragraph 6.43(1) of the Listing Requirements and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in general meeting; and

(iii) RCE is required to furnish Bursa Securities on a quarterly basis a summary of the total number of RCE Shares listed as at the end of each quarter together with a detailed computation of listing fees payables.

This announcement is dated 14 August 2020.