The Board of Directors of ICT Zone Asia wishes to announce that it had on 17 February 2025, received a notice of unconditional voluntary take-over offer ("Notice") from Malacca Securities Sdn Bhd, on behalf of the Datuk Seri Ng Thien Phing and ICT Zone Holding Sdn Bhd (collectively, referred to as the "Joint Offerors"), to acquire all the remaining ordinary shares in ICT Zone Asia not already held by the Joint Offerors ("Offer Shares") for a cash consideration of RM0.20 per Offer Share ("Exit Offer").
A copy of the Notice is attached herewith and will be posted to the holders of the Offer Shares within 7 days from the date of this announcement.
This announcement is dated 17 February 2025.