Unless otherwise defined, the definitions used in this announcement shall have the same meaning as those defined in the Company's announcement dated 6 June 2025 and 24 June 2025 in relation to the Proposals ("Announcements").
Reference is made to the Announcements.
On behalf of the Board, M&A Securities wishes to announce that Bursa Securities had, vide its letter dated 24 July 2025, resolved to approve the following:
(a) listing of and quotation for 358,025,834 Bonus Shares;
(b) admission to the Official List and listing of and quotation for 358,025,834 Warrants on the Main Market; and
(c) listing of and quotation for 358,025,834 Exercised Shares.
The approval granted by Bursa Securities is subject to the following:
(i) Ecomate Holdings and M&A Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of Proposed Bonus Issue of Shares and Proposed Bonus Issue of Warrants;
(ii) Ecomate Holdings and M&A Securities are required to inform Bursa Securities upon completion of the Proposed Bonus Issue of Shares and Proposed Bonus Issue of Warrants;
(iii) Ecomate Holdings is required to furnish Bursa Securities with a certified true copy of the resolutions passed by the shareholders at the EGM approving the Proposals;
(iv) Ecomate Holdings is required to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue of Shares and Proposed Bonus Issue of Warrants are completed;
(v) In respect of the Proposed Bonus Issue of Shares, Ecomate Holdings and M&A Securities are required to make the relevant announcements in accordance with Paragraphs 6.35(2)(a), 6.35(2)(b), 6.35(3) and 6.35(5) of the Listing Requirements;
(vi) In respect of the Proposed Bonus Issue of Warrants, Ecomate Holdings and M&A Securities are required to provide a written confirmation that the terms of the Warrants are in compliance with Paragraph 6.54(3) of the Listing Requirements; and
(vii) Ecomate Holdings is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of the Warrants as at the end of each quarter together with a detailed computation of listing fees payable.
This announcement is dated 25 July 2025.