(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the Prospectus dated 8 November 2023 in relation to the Listing)

M & A Securities Sdn Bhd, on behalf of the Board, wishes to announce the following with regards to the Listing:

(a) Level of subscription;

(b) Basis of allotment/allocation;

(c) Distribution of the private placement tranche; and

(d) Disclosure of placees who become substantial shareholder of Panda arising from the Listing, if any.

Further details of the above are set out in the attachment. 

This announcement is dated 17 November 2023.