The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Investment.

We refer to the earlier announcements dated 10 June 2020, 11 June 2020 and 30 June 2020 in relation to the Investment.

On behalf of the Board, UOBKH wishes to announce that Bursa Securities had, vide its letter dated 1 July 2020, resolved to approve the listing and quotation of 12,500,000 Consideration Shares to be issued pursuant to the Proposed Acquisition ("Approval Letter"), subject to the following conditions:-

i. MYEG and UOBKH must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities ("Listing Requirements") pertaining to the implementation of the Proposed Acquisition;

ii. MYEG and UOBKH to inform Bursa Securities upon the completion of the Proposed Acquisition;

iii. MYEG to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Acquisition is completed;

iv. Compliance by MYEG with the public shareholding spread upon completion of the Proposed Acquisition. In this connection, UOBKH is to furnish a schedule containing the information set out in Appendix 8E, Chapter 8 of the Listing Requirements to Bursa Securities, upon completion of the Proposed Acquisition; and

v. MYEG to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders in general meeting approving the Proposed Acquisition.

For shareholders' information, in relation to item (v) of the abovementioned conditions, the issuance of Consideration Shares will be undertaken through the General Mandate, the approval of which had been obtained from shareholders at the annual general meeting of the Company ("AGM") convened on 14 March 2019. The General Mandate shall continue to be in force until the conclusion of the next AGM which is scheduled to be held on 6 August 2020. In addition, the approval for the listing and quotation of the Consideration Shares had also been obtained from Bursa Securities vide the Approval Letter.

This announcement is dated 2 July 2020.