(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those defined in the announcements dated 17 September 2021 and 23 September 2021 in relation to the Proposed Bonus Issue of Warrants)

On behalf of the Board of Caely, M&A Securities Sdn Bhd (“M&A Securities”) is pleased to announce that Bursa Securities had, vide its letter dated 13 October 2021, resolved to approve the following:

(a) Admission to the Official List of Bursa Securities and the listing of and quotation for up to 128,719,802 Warrants to be issued pursuant to the Proposed Bonus Issue of Warrants; and

(b) Listing and quotation for up to 128,719,802 new Caely Shares to be issued pursuant to the exercise of the Warrants.

The approval by Bursa Securities for the Proposed Bonus Issue of Warrants is subject to the following conditions:

(a) Caely and M&A Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Bonus Issue of Warrants;

(b) Caely and M&A Securities are required to inform Bursa Securities upon the completion of the Proposed Bonus Issue of Warrants;

(c) Caely and M&A Securities are required to provide a written confirmation that the terms of the Warrants are in compliance with Paragraph 6.54(3) of the Listing Requirement;

(d) Caely 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 Bonus Issue of Warrants is completed;

(e) Caely is required to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders in general meeting approving the Proposed Bonus Issue of Warrants; and

(f) Caely is required to furnish Bursa Securities on a quarterly basis a summary of the total number of Shares listed pursuant to the exercise of Warrants as at the end of each quarter together with a detailed computation of listing fees payable.

This announcement is dated 14 October 2021.