Unless otherwise defined, all abbreviations used herein shall have the same meaning as those defined in the Company’s announcements dated 26 August 2025, 8 September 2025 and 12 September 2025 in relation to the Proposed Listing (“Announcements”).

Reference is made to the Announcements.

On behalf of the Board, M&A Securities wishes to announce that Bursa Securities had vide its letter dated 18 December 2025, resolved the following:

(i) to approve the admission to the Official List and the listing of and quotation for the entire enlarged issued share capital of EIP comprising 700,000,000 Shares on the ACE Market of Bursa Securities; and

(ii) to grant approval-in-principle for registration of the listing prospectus of EIP. In this regard, M&A Securities is required to provide a confirmation of registration before 12.30 p.m. at least 7 market days prior to the intended date of registration.

EIP and/ or M&A Securities are required to comply with the following:

1. Submission of the following information with respect to the moratorium on the shareholdings of the specified shareholders to Bursa Malaysia Depository Sdn Bhd:

(a) Name of shareholders;

(b) Number of shares; and

(c) Date of expiry of the moratorium for each block of shares.

2. Approvals from other relevant authorities have been obtained for implementation of the listing proposal;

3. The Bumiputera equity requirements for public listed companies as approved/ exempted by the Securities Commission Malaysia including any conditions imposed thereon;

4. Make the relevant announcements pursuant to Paragraphs 8.1 and 8.2 of Guidance Note 15 of the ACE Market Listing Requirements of Bursa Securities (“Listing Requirements”);

5. Furnish to Bursa Securities a copy of the schedule of distribution showing compliance with the public shareholding spread requirements based on the entire enlarged issued share capital of EIP at least 1 market day prior to the listing date;

6. Furnish to Bursa Securities a confirmation of compliance with Paragraph 2.2(b)(ii)(aa) of Guidance Note 10 of the Listing Requirements by all the directors at least 2 market days prior to the listing date, together with a copy of the Mandatory Accreditation Programme certificates;

7. In relation to the public offering to be undertaken by EIP, to announce at least 2 market days prior to the listing date, the result of the offering including the following:

(a) Level of subscription of public balloting and placement;

(b) Basis of allotment/ allocation;

(c) A table showing the distribution for placement tranche as per the format prescribed in Bursa Securities’ approval letter; and

(d) Disclosure of placees who become substantial shareholders of EIP arising from the public offering, if any.

M&A Securities must ensure that the overall distribution of EIP’s securities is properly carried out to mitigate any disorderly trading in the secondary market; and

8. EIP/ M&A Securities to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval upon the admission of EIP to the Official List of the ACE Market.

9. EIP and M&A Securities are required to ensure full compliance with all requirements as provided under the Listing Requirements at all times.


This announcement is dated 19 December 2025.