We refer to the earlier announcements dated 13 August 2024, 30 September 2024, 8 October 2024, 30 September 2025, 18 March 2026 and 19 March 2026 in relation to the Proposed Transfer Listing. Unless otherwise stated, all terms used herein shall have the same meaning as defined in the said announcements ("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 6 April 2026, resolved to approve the application for the Proposed Withdrawal of LEAP Listing.

In this regard, M&A Securities is required to furnish Bursa Securities with a letter ("M&A Securities' Confirmation Letter"), confirming the following:

(i)    that all subsisting undertaking letters provided by the shareholders of Enest remain valid and enforceable as at the date of M&A Securities' Confirmation Letter until the completion of the Proposed Transfer Listing;

(ii)   that the requirements of Rule 8.06(1) of the LEAP Market Listing Requirements of Bursa Securities have been complied with or waived by Bursa Securities, as the case may be;

(iii)  that all conditions, including conditions imposed by the relevant authorities which are required to be met prior to the delisting have been met; and

(iv)  that there are no circumstances or facts which have the effect of preventing or prohibiting the delisting including any order, injunction or any other directive issued by any court of law.

Further, Enest is required to announce, 5 clear markets days before the effective date of suspension, the following:

(i)    the trading in Enest's shares on the LEAP Market of Bursa Securities will be suspended 1 market day before the date of allotment of the new Enest shares to be issued pursuant to the proposed listing on the ACE Market of Bursa Securities ("Proposed Listing") until the completion of the Proposed Listing; and

(ii)   the effective date of suspension.

This announcement is dated 6 April 2026.