We refer to the announcements made on 10 December 2021, 22 February 2022, 24 March 2022 and 7 April 2022 in relation to the above matter (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board of Directors of Parlo (“Board”), TA Securities Holdings Berhad wishes to announce that the proposal to comply with the Bumiputera Equity Condition of ensuring at least 12.5% of the Company’s enlarged share capital to be allocated or held by Bumiputera investors recognised by the Ministry of International Trade and Industry has been approved by the Equity Compliance Unit of the Securities Commission Malaysia vide its letter dated 13 May 2022.

This announcement is dated 17 May 2022.