On behalf of the Board of Directors of LICB (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that LICB proposes to undertake a proposed bonus issue of up to 340,402,032 warrants in the Company (“Warrants”) on the basis of 1 Warrant for every 2 existing ordinary shares in the Company held on an entitlement date to be determined and announced later (“Proposed Bonus Issue of Warrants”).

Please refer to the attached file for futher details of the Proposed Bonus Issue of Warrants.

This announcement is dated 30 September 2022.