NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MALAYAN CEMENT BERHAD ("MCB" OR "COMPANY") PROPOSED PLACEMENT OF UP TO 85,000,000 NEW ORDINARY SHARES IN THE COMPANY REPRESENTING APPROXIMATELY 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY ("PROPOSED PLACEMENT")

MALAYAN CEMENT BERHAD ("MCB" OR "COMPANY")

PROPOSED PLACEMENT OF UP TO 85,000,000 NEW ORDINARY SHARES IN THE COMPANY REPRESENTING APPROXIMATELY 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY ("PROPOSED PLACEMENT")

On behalf of the Board of Directors of MCB, Maybank Investment Bank Berhad wishes to announce that the Company proposes to undertake the Proposed Placement.

Please refer to the attachment for further details on the Proposed Placement.

This announcement is dated 15 April 2021.

Please refer attachment below.