(All abbreviations used in this announcement are defined in the announcement dated 21 May 2021)

Reference is made to the announcements dated 21 May 2021 and 12 July 2021. On behalf of the Board, M&A Securities is pleased to announce that Bursa Securities had vide its letter dated 19 July 2021, resolved to approve the Proposed Share Split.

The approval granted by Bursa Securities for the Proposed Share Split is subject to the following conditions:

(i) H&L and M&A Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Share Split;

(ii) H&L and M&A Securities are required to inform Bursa Securities upon completion of the Proposed Share Split;

(iii) M&A Securities 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 Share Split is completed;

(iv) H&L and M&A Securities are required to make the relevant announcements pursuant to Paragraphs 6.35(2)(a) & (b) and 6.35(4) of the Listing Requirements pertaining to the Proposed Share Split; and

(v) H&L is required to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders in general meeting approving the Proposed Share Split prior to the listing and quotation of the Subdivided Shares.

This announcement is dated 19 July 2021.