On behalf of the Board of Directors of IDEAL ("Board"), M&A Securities Sdn Bhd ("M&A Securities") wishes to announce that the Company proposes to undertake a bonus issue of up to 1,000,001,472 new ordinary shares in IDEAL ("IDEAL Share(s)" or "Share(s)") ("Bonus Share(s)"), on the basis of 2 Bonus Shares for every 1 existing IDEAL Share, held by shareholders of IDEAL whose names appear in the Record of Depositors of the Company at the close of business of an entitlement date to be determined and announced later ("Entitlement Date") ("Entitled Shareholders") ("Proposed Bonus Issue").
Please refer to the attachment below for further details of the Proposed Bonus Issue.
This announcement is dated 9 April 2026.