Reference is made to the Company’s announcements dated 9 May 2025, 13 May 2025, 9 June 2025, 25 June 2025, 10 July 2025, 11 July 2025, 26 August 2025 and 3 September 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 8 September 2025 fixed the issue price for the 2nd tranche of the Private Placement at RM1.55 per Placement Share.
The issue price of RM1.55 per Placement Share represents a discount of RM0.1257 or approximately 7.5% to the 5-day VWAMP of the Shares up to and including 4 September 2025 of RM1.6757 per Share.
This announcement is dated 8 September 2025.