Unless otherwise defined, the definitions set out in the announcements dated 14 June 2024 and 19 July 2024 shall apply herein.
On behalf of the Board, M&A Securities is pleased to announce that Bursa Securities had vide its letter dated 19 August 2024, resolved to approve the following:
1. Admission to the Official List and listing of and quotation for up to 505,455,476 Warrants D to be issued pursuant to the Proposed Bonus Issue of Warrants; and
2. Listing of and quotation for up to 505,455,476 new Trive Shares to be issued pursuant to the exercise of the Warrants D.
The approval by Bursa Securities is subject to the following conditions:
1. M&A Securities and Trive must fully comply with the relevant provisions under the MMLR pertaining to the implementation of the Proposed Bonus Issue of Warrants;
2. M&A Securities to inform Bursa Securities upon the completion of the Proposed Bonus Issue of Warrants;
3. M&A Securities to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Bonus Issue of Warrants is completed;
4. Payment of listing fees, if any, based on the final issue price together with a copy of the details of the computation of the amount of listing fees payable;
5. Trive to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of the Warrants D as at the end of each quarter together with a detailed computation of listing fees payable; and
6. To incorporate Bursa Securities' comments in respect of the draft Circular.
This announcement is dated 19 August 2024.