(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcements dated 25 April 2024, 26 July 2024, 4 September 2024, 24 September 2024 and 29 September 2025 in relation to the Proposals and Proposed Granting of Subscription Options, where applicable, unless stated otherwise or defined herein.)

Reference is made to the Company’s announcements dated 25 April 2024, 26 July 2024, 1 August 2024, 4 September 2024, 12 September 2024, 24 September 2024, 16 October 2024, 24 October 2024, 24 January 2025, 24 March 2025, 30 May 2025, 31 July 2025, 26 August 2025, 28 August 2025, 18 September 2025, 29 September 2025, 17 October 2025, 29 October 2025, 4 December 2025, 31 December 2025, 6 January 2026 and 13 January 2026 in relation to the Proposals and Proposed Granting of Subscription Options.

On behalf of the Board, Berjaya Securities wishes to announce that 606,060,606 Placement Shares and 2,307,692,307 Consideration Shares have been allotted and issued on 16 January 2026. Following the allotment and issuance of the Placement Shares and Consideration Shares, the current total issued shares in the Company is 3,360,826,386 Shares. The Placement Shares and the Consideration Shares will be listed and quoted on Main Market of Bursa Securities on 19 January 2026.

The Proposed AAAGL Acquisition has been completed on 16 January 2026 in accordance with the terms and conditions of the AAAGL SSPA following the settlement of the AAAGL Purchase Consideration via the allotment and issuance of 2,307,692,307 Consideration Shares to Capital A and the entitled shareholders of Capital A under the Proposed Distribution by Capital A on even date.

Further, the Proposed AAB Acquisition has also been completed on 16 January 2026 in accordance with the terms and conditions of the AAB SSPA following the settlement of the AAB Purchase Consideration via the Debt Settlement whereby AAX has assumed an amount of RM3,800.00 million owing by Capital A to AAB on even date.  

Following the completion of the Proposed Acquisitions on 16 January 2026, the Company has on even date granted Garynma the rights to subscribe for such number of new Shares representing, in aggregate, 12% of the total issued shares in the Company (excluding treasury shares, if any), i.e. in aggregate 403,299,166 Subscription Shares, via 3 Subscription Options of 4% each.

The Subscription Options granted may be individually accepted in full or in part by Garynma at any point of time during a period of 24 months from the date of granting of the Subscription Option, i.e. 24 months from 16 January 2026. Upon acceptance of a Subscription Option by Garynma, the Subscription Option may be exercised by Garynma at any point of time during a period of 48 months from the date of granting of the Subscription Option, i.e. 48 months from 16 January 2026, to subscribe, in full or in part, for the Subscription Shares. Any Subscription Options not accepted or not exercised by Garynma within the stipulated period shall lapse and cease to be valid for any purpose.

Upon acceptance of each Subscription Option by Garynma, the Company will make an announcement to Bursa Securities on the number and issue price of as well as the percentage represented by the Subscription Shares comprised in the Subscription Option accepted.

This announcement is dated 16 January 2026.