Reference is made to the Company's announcements dated 26 March 2026 and 23 April 2026 in relation to the Proposed Private Placement ("Announcements"). Unless otherwise defined, all abbreviations and defined terms used in this announcement shall carry the same meaning as those defined in the Announcements.
On behalf of the Board, Mercury Securities wishes to announce that Bursa Securities had, vide its letter dated 28 April 2026, approved the listing of and quotation for up to 88,579,642 Placement Shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:
(i) TDEX and Mercury Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Private Placement;
(ii) Mercury Securities is required to furnish Bursa Securities with details of the proposed placee(s) as per Rule 6.16 of the Listing Requirements for its clearance, prior to the issuance/allotment of the Placement Shares;
(iii) In the event the Proposed Private Placement is not completed before the next AGM, Mercury Securities is required to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders at the forthcoming AGM for the authority to issue shares pursuant to the Companies Act before the listing of the Placement Shares;
(iv) TDEX and Mercury Securities are required to inform Bursa Securities upon completion of the Proposed Private Placement; and
(v) TDEX 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 Private Placement is completed.
This announcement is dated 28 April 2026.