Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the announcement in relation to the Proposals dated 26 May 2022 (“Announcement”).

On behalf of the Board of Directors of Optimax, Affin Hwang IB wishes to announce that the application for the Proposed Transfer has been submitted to the SC today.

This follows the shareholders’ approval which was obtained at the extraordinary general meeting of the Company held on 23 June 2022 for the adoption of a new Constitution to substitute Optimax’s existing Constitution in its entirety to facilitate the implementation of the Proposed Transfer and streamline the Company’s existing Constitution to be in line with the MMLR.

This announcement is dated 26 July 2022.