(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 19 March 2025 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)

Reference is made to the earlier announcements dated 19 March 2025, 8 April 2025, 5 May 2025, 23 May 2025, 4 June 2025, 21 August 2025, 2 September 2025, 17 November 2025, 25 November 2025, 4 February 2026, 11 February 2026, 13 February 2026, 24 February 2026 and 25 February 2026 in relation to the Private Placement.

On 25 February 2026, the Board has fixed the issue price for the Placement Shares at RM0.035 per Placement Share. Pursuant to Paragraph 6.13 of the Listing Requirements, the payment for the Placement Shares must be received within 5 market days from the price-fixing date (i.e. by 4 March 2026) (“Payment Condition”).

On behalf of the Board, TA Securities wishes to announce that:

(i)         the Payment Condition was not met; and

(ii)         the approval from Bursa Securities for the extension of time to complete the implementation of the Private Placement will lapse after 7 March 2026. As of to-date, none of the Placement Shares has been placed out. After further deliberation, the Company has decided not to proceed with the Private Placement.

This announcement is dated 5 March 2026.