Reference is made to:

(i)        the Company’s announcement dated 22 August 2022 (“First Announcement”) and subsequent announcements dated 26 August 2022, 1 September 2022, 6 October 2022, 13 October 2022, 10 November 2022, 1 December 2022, 28 December 2022 and 3 January 2023 in relation to it being classified as an affected listed corporation pursuant to Rule 8.03A of the AMLR; and

(ii)        the Company’s announcement dated 31 January 2023 in relation to it being classified as a GN3 company as a result of triggering the prescribed criteria under Rule 2.1(f) of GN3 of the AMLR, followed by the subsequent monthly announcements pursuant to GN3 and Rule 8.03A of the AMLR dated 2 February 2023, 1 March 2023, 3 April 2023, 2 May 2023, 1 June 2023, 30 June 2023, 3 July 2023, 1 August 2023, 18 August 2023, 1 September 2023, 2 October 2023, 4 October 2023, 1 November 2023, 1 December 2023, 2 January 2024 and 2 February 2024, respectively.

On behalf of the Board of Directors of Lambo, M&A Securities Sdn Bhd wishes to announce that the Company had on 21 February 2024 submitted an application to Bursa Securities for a further extension of time of twelve (12) months i.e. up to 20 February 2025 to submit its regularisation plan to the relevant regulatory authorities.

Further announcement will be made to Bursa Securities with regards to the development of the regularisation plan in due course.

This announcement is dated 21 February 2024.