Unless otherwise stated, the terms used herein shall have the same meaning as defined in the announcement dated 2 November 2022 and announcements in relation to the issuance of Islamic Commercial Papers (“ICP”) on the dates as set out in the attachment (“Announcements”).

Reference is made to the Company's earlier announcement in relation to the establishment of Islamic Commercial Papers Programme dated 2 November 2022 and announcements in relation to the issuance of ICP on the dates as set out in the attachment.

The Company wishes to announce that the third (3rd) issuance of Sukuk Wakalah under the ICP Programme was made on 21 March 2024 with a nominal amount of RM200 million and a tenure of three (3) months from the date of issuance.

The proceeds raised from the Sukuk Wakalah shall be utilised for the following Shariah-compliant purposes:

(i)        financing disbursements to customers in the ordinary course of business of providing consumer financing based on Shariah principle;

(ii)       the financing of expenses relating to the ICP Programme; and

(iii)      to refinance any existing and future Islamic financing facilities (whether wholly or in part).

This announcement is dated 21 March 2024.