The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Private Placement.
We refer to the earlier announcements dated 11 February 2026, 13 February 2026, 13 March 2026 and 17 March 2026 in relation to the Private Placement.
On behalf of the Board, UOBKH wishes to announce that the Board had on 25 March 2026 resolved to fix the issue price for the Private Placement at RM0.005 per Bornoil Share ("Placement Share(s)").
The issue price of RM0.005 per Placement Share represents a discount of approximately 1.96% to the 5-day weighted average market price ("VWAP") of Bornoil Shares up to and including 24 March 2026, being the last traded day of Bornoil Shares immediately preceding the price-fixing date of RM0.0051 per Bornoil Share.
This announcement is dated 25 March 2026.