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Reference is made to the press release by LTAT dated 4 October 2023 entitled Mutual Termination on Strategic Collaboration Agreement ("SCA") ("Press Release").
The Board of Directors of BPlant wishes to announce that BPlant has received a letter from LTAT informing that the Press Release sets outs, amongst others, LTAT's intention to proceed with the general offer of BPlant at the offer price of RM1.55 per share notwithstanding the termination of the SCA, subject to regulatory approvals.
