We refer to the announcements made on 25 June 2024, 2 July 2024 and 11 July 2024 in relation to the Proposed Acquisition (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

The Board of Directors of RAMSSOL wishes to announce that Bursa Securities had, vide its letter dated 18 July 2024, resolved to approve the listing and quotation of 13,069,592 Consideration Shares to be issued pursuant to the Proposed Acquisition.

The approval granted by Bursa Securities is subject to the following conditions:-

(i) RAMSSOL and Mercury Securities Sdn. Bhd. (“Mercury Securities”) must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Acquisition;

(ii) RAMSSOL and Mercury Securities to inform Bursa Securities upon the completion of the Proposed Acquisition;

(iii) RAMSSOL 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; and

(iv) Compliance by RAMSSOL with the public shareholding spread upon completion of the Proposed Acquisition. In this connection, Mercury Securities is to furnish a schedule containing the information set out in Appendix 8E of Chapter 8 of the Listing Requirements to Bursa Securities prior to the allotment and issuance of the Consideration Shares.

This announcement is dated 18 July 2024.