We refer to the earlier announcements in relation to the Proposed Merger. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the earlier announcements in relation to the Proposed Merger.

On behalf of the Board, RHB Investment Bank and AmInvestment Bank wish to announce that the Company has on 2 March 2018 extracted and lodged the sealed order in relation to the Scheme with the Companies Commission of Malaysia. As such, the Scheme has taken effect on even date.

Accordingly, the First Tranche Transfer shall take effect on 2 April 2018 and will be announced in due course.

This Announcement is dated 2 March 2018.