(Unless otherwise stated, all definitions and terms used herein shall have the same meanings as defined in the offer document relating to the Offer dated 4 November 2020 (“Offer Document”).)

We refer to the Offer Document and press notices dated 23 November 2020 and 4 December 2020 issued on behalf of the Offeror by Mercury Securities.

We wish to announce that the Company has today received a press notice from Mercury Securities, on behalf of the Offeror, informing that the Offer has closed at 5.00 p.m. (Malaysian time) on Monday, 4 January 2021 (“Closing Date”).

As at 5.00 p.m. (Malaysian time) on the Closing Date, the Offeror does not hold any AIM Shares, and has received valid acceptances for 101,904,614 Offer Shares, representing approximately 42.11% of the total issued AIM Shares (excluding treasury shares). The Offeror did not receive valid acceptances of the Offer Shares which would result in the Offeror holding more than 50% of the voting shares in AIM. As such, the Acceptance Condition has not been fulfilled.

Accordingly, the Offeror shall return all AIM Shares which have been transferred into the CDS account of the Offeror pursuant to the Offer to the respective Accepting Holders, and the Offeror will thereafter cease to be bound by any such prior acceptances of the Offer.

Please refer to the attached press notice for further details.

This announcement is dated 4 January 2021.