(For consistency, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Abridged Prospectus of the Company dated 17 March 2023 in relation to the Rights Issue with Warrants.)

We refer to the Abridged Prospectus dated 17 March 2023.

On behalf of the Board, TA Securities wishes to announce that as at the close of acceptance, excess application and payment for the Rights Issue with Warrants at 5.00 p.m. on 3 April 2023, the Company had received valid acceptances and excess applications for a total of 1,733,308,505 Rights Shares, representing a subscription rate of 95.03% over the total number of Rights Shares available for subscription under the Rights Issue with Warrants.

Details of such valid acceptances and excess applications received are as follows:

Successful applicants of the Rights Shares will be given Warrants on the basis of 2 Warrants for every 3 Rights Shares successfully subscribed for.

The total number of excess Rights Shares available for allocation was 1,216,436,285. In view that the total number of excess Rights Shares applied for was 1,125,794,857, the Board has decided to allot the excess Rights Shares to all the entitled shareholders and/or their renouncee(s) and/or transferee(s) who have applied for the excess Rights Shares.

The Rights Shares and Warrants are expected to be listed on the Main Market of Bursa Securities on 17 April 2023.

This announcement is dated 10 April 2023.