References are made to the announcements dated 6 June 2025, 18 June 2025, 13 August 2025, 29 August 2025, 2 September 2025 and 24 September 2025 in relation to the Corporate Exercises ("Announcements"). Unless otherwise defined, the definitions used herein shall have the same meanings as defined in the Announcements.
On behalf of the Board, TA Securities wishes to announce that the Board had, on 26 September 2025 (“Price-Fixing Date”):
(i) resolved to fix the following:
(a) the issue price of the Rights Shares at RM0.080 each, representing a discount of approximately RM0.0202 or 20.16% to the TEAP of the Shares of RM0.1002, calculated based on the 5-day VWAP of the Shares up to and including 25 September 2025, being the last market day immediately preceding the Price-Fixing Date of RM0.1204 each;
(b) the exercise price of the Warrants D at RM0.10 each, representing a discount of approximately RM0.0002 or 0.20% to the TEAP of the Shares of RM0.1002, calculated based on the 5-day VWAP of the Shares up to and including 25 September 2025, being the last market day immediately preceding the Price-Fixing Date of RM0.1204 each;
(c) the issue price of the Creditor Settlement Shares at RM0.10 each, representing a discount of approximately RM0.0002 or 0.20% to the TEAP of the Shares of RM0.1002, calculated based on the 5-day VWAP of the Shares up to and including 25 September 2025, being the last market day immediately preceding the Price-Fixing Date of RM0.1204 each;
As such, the settlement of debts amounting to RM8,500,000 owing by Omesti to Microlink will be settled through the issuance of 85,000,000 Creditor Settlement Shares at the issue price of RM0.10 each pursuant to the Creditor Settlement; and
(d) the issue price of the RPS Settlement Shares at RM0.10 each, representing a discount of approximately RM0.0002 or 0.20% to the TEAP of the Shares of RM0.1002, calculated based on the 5-day VWAP of the Shares up to and including 25 September 2025, being the last market day immediately preceding the Price-Fixing Date of RM0.1204 each.
As such, the settlement of RPS amounting to RM106,441,367 owing by Omesti to RPS holders will be settled through the issuance of 1,064,413,670 RPS Settlement Shares at the issue price of RM0.10 each pursuant to the RPS Settlement; and
(ii) executed the following:
(a) the deed poll constituting the Warrants D (“Deed Poll D”); and
(b) an underwriting agreement with TA Securities (“Underwriter”) for the underwriting of 88,450,075 Rights Shares together with 35,380,030 Warrants D pursuant to the Rights Issue by the Underwriter, representing 41.66% of the issue size of the Rights Issue under the Minimum Scenario (“Underwriting Agreement”).
A copy of the Deed Poll D and the Underwriting Agreement are made available for inspection at the registered office of the Company at Ho Hup Tower – Aurora Place, 2-07-01, Level 7, Plaza Bukit Jalil, No.1, Persiaran Jalil 1, Bandar Bukit Jalil, 57000 Kuala Lumpur, Malaysia during normal business hours from 9.00 a.m. to 5.00 p.m. from Mondays to Fridays (excluding public holidays) for the period of at least 6 months from the date of this announcement.
This announcement is dated 26 September 2025.