We refer to the announcements dated 22 February 2024 and 19 March 2024 (“Announcements”).

(Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.)

On behalf of the Board, Affin Hwang IB is pleased to announce that Bursa Securities had, vide its letter dated 22 March 2024, resolved to approve the listing of and quotation for up to 945,929,000 Bonus Shares to be issued pursuant to the Proposed Bonus Issue on the Main Market of Bursa Securities.

The approval granted by Bursa Securities is subject to the following conditions: 

(i) Affin Hwang IB and ViTrox must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”) pertaining to the implementation of the Proposed Bonus Issue;

(ii) ViTrox is required to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders at the extraordinary general meeting approving the Proposed Bonus Issue;

(iii) Affin Hwang IB and ViTrox are required to make the relevant announcements in accordance with Paragraphs 6.35(2)(a) & (b) and 6.35(4) of the Listing Requirements;

(iv) Affin Hwang IB to inform Bursa Securities upon the completion of the Proposed Bonus Issue; and

(v) Affin Hwang IB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue is completed.

This announcement is dated 22 March 2024.