We refer to the Company’s announcements dated 1 March 2022, 4 March 2022, 29 April 2022 and 13 May 2022 in relation to the Proposed 40% Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, TA Securities wishes to announce that Bursa Securities had, vide its letter dated 14 June 2022, resolved to approve the listing and quotation of up to 467,185,600 Placement Shares to be issued pursuant to the Proposed 40% Private Placement subject to the following conditions:

(i) DGB and TA Securities must fully comply with the relevant provisions under the Main LR pertaining to the implementation of the Proposed 40% Private Placement;

(ii) DGB and TA Securities are required to inform Bursa Securities upon the completion of the Proposed 40% Private Placement;

(iii) DGB / TA Securities is required to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders approving the Proposed 40% Private Placement, prior to the listing and quotation of the Placement Shares;

(iv) DGB 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 40% Private Placement is completed;

(v) TA Securities is required to furnish Bursa Securities with details of the placees in accordance with paragraph 6.15 of the Main LR for its review, prior to the issuance/allotment of the Placement Shares; and

(vi) DGB is required to make quarterly updates via Bursa LINK (simultaneous with the submission of quarterly report) on the following:

(a) the status of each of the event, project or purpose for which the total proceeds raised from the Proposed 40% Private Placement are utilised for, including but not limited to, the percentages of completion of the projects/initiatives;

(b) where relevant, details on where the balance of proceeds raised is being placed (pending utilisation). If it is parked with asset management company/fund manager, to disclose the name of the asset management company/fund manager; and

(c) the summary of Placement Shares issued and allotted as follows:

1) date of price fixing and issuance date of Placement Shares (each tranche);

2) quantity of Placement Shares issued and allotted;

3) issue price and basis in arriving at (each tranche); and

4) aggregate number of Placement Shares issued and allotted as at the end of each quarter.

This announcement is dated 14 June 2022.