The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Private Placement.
We refer to the earlier announcements dated 11 February 2026, 13 February 2026 and 13 March 2026 in relation to the Private Placement.
On behalf of the Board, UOBKH wishes to announce that Bursa Securities had, vide its letter dated 17 March 2026, resolved to approve the listing and quotation of up to 1,807,608,513 new Bornoil Shares ("Placement Share(s)") to be issued pursuant to the Private Placement, subject to the following conditions:-
- Bornoil and UOBKH must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities ("Listing Requirements") pertaining to the implementation of the Private Placement;
- In the event the Private Placement is not completed before the next annual general meeting, UOBKH is required to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders at the forthcoming annual general meeting for the authority to issue shares pursuant to the Companies Act, 2016 before the listing of the Placement Shares;
- Bornoil and UOBKH are required to inform Bursa Securities upon the completion of the Private Placement; and
Bornoil is required to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Private Placement is completed.
This announcement is dated 17 March 2026.