Reference is made to the Company’s announcements dated 9 May 2025, 13 May 2025, 9 June 2025, 25 June 2025, 10 July 2025 and 11 July 2025 as well as the circular to shareholders dated 10 June 2025 in relation to, among others, the Private Placement ("Circular"). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the Circular.
On behalf of the Board, RHB Investment Bank wishes to announce that the Board has on 26 August 2025 fixed the issue price for the 1st tranche of the Private Placement at RM1.55 per Placement Share.
The issue price of RM1.55 per Placement Share represents a discount of RM0.1671 or approximately 9.7% to the 5-day VWAMP of the Shares up to and including 25 August 2025 of RM1.7171 per Share.
This announcement is dated 26 August 2025.