On behalf of the Board of Directors of Scientex ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that, on behalf of Scientex (hereinafter referred to as the "Offeror"), UOBKH had on 13 September 2021 served the notice of the Offer (as defined herein) on the board of directors of Daibochi Berhad ("Daibochi" or the "Offeree") in accordance with Paragraph 9.10(1) of the Rules on Take-overs, Mergers and Compulsory Acquisitions ("Rules"), informing the Offeror's intention to undertake an unconditional voluntary take-over offer to acquire the following:-    

i. all the remaining 124,784,759 ordinary shares in Daibochi ("Daibochi Shares"), representing 38.12% of the total issued shares of Daibochi (excluding treasury shares) not already held by the Offeror, as well as such number of new Daibochi Shares that may be issued prior to the closing date of the Offer (as defined herein) arising from the exercise of the outstanding Daibochi Warrants (as defined herein) (collectively the "Offer Share(s)") for a cash offer price of RM2.70 per Offer Share; and

ii. all the remaining 26,137,985 warrants 2017/ 2022 in Daibochi ("Daibochi Warrant(s)"), representing 95.75% of the outstanding Daibochi Warrants not already held by the Offeror ("Offer Warrant(s)"), for a cash offer price of RM0.32 per Offer Warrant.

(Collectively referred to as the "Offer").

Further details of the Offer are set out in the attachments enclosed.

This announcement is dated 13 September 2021.