Unless otherwise stated or redefined, all abbreviations and definitions used herein shall have the same meanings as those used in the Company's announcements dated 19 August 2026 and 8 September 2026 in relation to the Proposed Bonus Issue of Warrants.
On behalf of the Board, M & A Securities is pleased to announce that Bursa Securities had, vide its letter dated 18 September 2026, resolved to approve the following:
(i) Admission to the Official List and listing and quotation of up to 265,800,000 Warrants to be issued pursuant to the Proposed Bonus Issue of Warrants; and
(ii) Listing and quotation of up to 265,800,000 new Cloudpoint Shares to be issued pursuant to the exercise of Warrants.
The approval by Bursa Securities for the Proposed Bonus Issue of Warrants is subject to the following conditions:
(i) Cloudpoint and M & A Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Bonus Issue of Warrants;
(ii) Cloudpoint and M & A Securities are required to inform Bursa Securities upon completion of the Proposed Bonus Issue of Warrants;
(iii) Cloudpoint and M & A Securities are required to provide a written confirmation that the terms of the Warrants are in compliance with Paragraph 6.54(3) of the Listing Requirements;
(iv) Cloudpoint is required to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Bonus Issue of Warrants is completed; and
(v) Cloudpoint is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of Warrants as at the end of each quarter together with a detailed computation of listing fees payable.
This announcement is dated 18 September 2026.