(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 24 February 2021 in relation to the Proposed Private Placement, where applicable, unless stated otherwise or defined herein.)

Reference is made to the earlier announcements dated 24 February 2021 and 25 February 2021.

On behalf of the Board, TA Securities is pleased to announce that Bursa Securities had, vide its letter dated 22 March 2021, approved the listing and quotation of up to 70,885,600 new ordinary shares to be issued pursuant to the Proposed Private Placement.

The approval by Bursa Securities for the above is subject to, amongst others, the following conditions:-

(i)         BHB and TA Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Private Placement;

(ii)        BHB and TA Securities required to inform Bursa Securities upon completion of the Proposed Private Placement; and

(iii)       TA is required to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Private Placement is completed.

This announcement is dated 22 March 2021.