(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 30 September 2022 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)
 

Reference is made to the earlier announcements dated 30 September 2022, 18 October 2022, 26 October 2022 and 20 December 2022.

On 20 December 2022, the Board has fixed the issue price for the Placement Shares at RM0.091 per Placement Share. Pursuant to Paragraph 6.13 of the Listing Requirements, the payment for the Placement Shares must be received within 5 market days from the price-fixing date (i.e. by 28 December 2022) (“Payment Condition”).

On behalf of the Board, TA Securities wishes to announce that the Payment Condition was not met. Following this, the issue price of the Placement Shares shall be redetermined and refixed by the Board at a later date.

The issue price of the Placement Shares will take into consideration the prevailing market conditions and the provision of Paragraph 6.04(a) of the Listing Requirements, where the issue price shall not be at a discount of more than 10% to the 5-day VWAP of Sentoria Shares immediately preceding the price-fixing date.
 

This announcement is dated 29 December 2022.