We refer to the announcements dated 5 October 2023, 28 December 2023 and 26 January 2024 in relation to the Disposal (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, TA Securities wishes to announce that JKBD and URSB had on 5 February 2024 mutually agreed to extend the Cut-Off Date for a period of 3 months until 5 May 2024 in order to fulfil the last Condition Precedent under the SPA i.e., to obtain the written approval of the State Authority for the transfer of the Land from JKBD to URSB.

Save for the above, all other terms and conditions of the SPA and all other instruments and agreements executed, delivered or entered into thereunder or pursuant thereto remain unchanged, and continue to remain in full force and effect.

This announcement is dated 5 February 2024.