(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the announcements dated 21 October 2021, 26 October 2021, 1 November 2021, 15 November 2021, 16 November 2021 and 1 December 2021 in relation to the Proposed Placement (“Announcements”))

Reference is made to the Announcements.

On behalf of the Board, Maybank IB wishes to announce that the Manager had on 2 December 2021 fixed the issue price of 188,042,597 Placement Units, representing 13% of the total issued Units of 1,446,481,518 as at 29 October 2021 at RM1.78 per Placement Unit (“Issue Price”) to successfully identified placees via a bookbuilding process. The Placement Units were oversubscribed.

The Issue Price represents a discount of approximately 4.60% to the VWAMP of the Units for the 5 market days up to and including 1 December 2021 of RM1.8658 per Unit. Accordingly, the gross proceeds from the Proposed Placement is approximately RM334.7 million.

Maybank IB and CIMB Investment Bank Berhad acted as the placement agents for the Proposed Placement.

This announcement is dated 2 December 2021.