Pursuant to Rule 9.19(27) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of FINTEC wishes to announce that its wholly-owned subsidiary, Asiabio Capital Sdn. Bhd. (“ABC”), and the Company have on 23 June 2021 ceased to be substantial shareholders of Saudee Group Berhad (“SAUDEE”) due to the enlarged share capital of SAUDEE which comprises 712,734,819 ordinary shares subsequent to SAUDEE’s rights issue.

As of the announcement date, ABC and FINTEC do not hold any equity stake in SAUDEE.

This announcement is dated 3 August 2021.