通告

We refer to the above subject matter.

In accordance with Section 9(3) of the Capital Markets and Services (Price Stabilisation Mechanism) Regulations 2008, Maybank Investment Bank Berhad, being the stabilising manager in respect of the IPO, wishes to announce that the last date of the stabilisation period is 14 June 2019.

During the stabilising period between 16 May 2019 and 14 June 2019, we have undertaken stabilising action in which a total of 76,521,600 Shares, representing approximately 8.2% of the total number of Shares offered under the IPO, were purchased at an average price range of between RM1.02 per Share to RM1.10 per Share. The last purchase was made on 11 June 2019 at an average price of RM1.08 per Share.

In conjunction with the cessation of the stabilising action on 14 June 2019, on even date, we have also exercised the over-allotment option in respect of the IPO (“Over-allotment Option”) for a total of 64,103,400 Shares granted by CN Lau Holdings Sdn Bhd, Dato' Lau Eng Guang, TN Lau Holdings Sdn Bhd, Lau Joo Hong, Lau Joo Han, Lau Jui Peng, Lau Joo Heng, HN Lau & Sons Sdn Bhd and Clarinden Investments Pte Ltd (collectively, the “Over-allotment Option Providers”).

As such, the total purchases made under the stabilising action of 76,521,600 Shares and the exercise of the Over-allotment Option for 64,103,400 Shares fully cover the 140,625,000 Shares that are subject to the Over-allotment Option. The Shares purchased under the stabilising action and the proceeds from the exercise of the Over-allotment Option will be returned to the Over-allotment Option Providers.

A copy of Maybank IB’s letter dated 14 June 2019 relating to the above is attached herewith.

This announcement is dated 14 June 2019.