Reference is made to the Company's announcement dated 25 September 2026 in relation to the Company's non-compliance with the public shareholding spread requirement pursuant to Rule 8.02(1) of the AMLR of Bursa Securities. Unless otherwise stated, defined terms in this announcement shall carry the same meanings as previously defined.
The Board wishes to inform that Bursa Securities had vide its letter dated 8 October 2026, granted the Company an extension of time of approximately 5.5 months from 25 September 2026 (being the triggering point of the non-compliance of the public shareholding spread) until 8 March 2027 ("Extension of Time") to comply with the public shareholding spread requirement.
As at 25 September 2026, the public shareholding spread of the Company stood at 24.98%.
As at the date of this announcement, the Company is already in the process of implementing the Proposed Private Placement, which will serve as the rectification plan to address the shortfall in the required public shareholding spread within the Extension of Time granted.
The Company will continue to monitor the level of the public shareholding spread and will make the necessary announcement in relation to the status of compliance in accordance with the AMLR.
This announcement is dated 9 October 2026.