On behalf of the Board of Directors of Auro ("Board"), UOB Kay Hian (M) Sdn Bhd (formerly known as UOB Kay Hian Securities (M) Sdn Bhd) ("UOBKH") wishes to announce that the Company proposes to undertake a private placement of up to 10% of the total number of issued shares of Auro ("Auro Share(s)" or "Share(s)") to third party investor(s) to be identified later, at an issue price to be determined later, pursuant to Sections 75 and 76 of the Companies Act 2016 ("Act").
Further details of the Proposed Private Placement are set out in the attachment enclosed.
This announcement is dated 5 May 2026.