Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcements in relation to the Proposed Private Placement.

We refer to the earlier announcements dated 9 July 2021, 13 July 2021, 19 July 2021, 23 July 2021, 2 August 2021 and 3 August 2021 in relation to the Proposed Private Placement.

On behalf of the Board, UOBKH wishes to announce that the Board had on 18 October 2021 resolved to fix the issue price for the second tranche of the Proposed Private Placement at RM0.41 per Placement Share.

The issue price of RM0.41 per Placement Share represents a discount of approximately 9.69% to the 5-day VWAP of TCS Shares up to and including 15 October 2021, being the last traded day of TCS Shares immediately preceding the price-fixing date, of RM0.4540 per TCS Share.

This announcement is dated 18 October 2021.