Unless otherwise stated, all definitions used in this announcement shall have the same meanings as defined in the announcements dated 12 February 2020, 24 February 2020, 28 February 2020, 2 April 2020, 10 April 2020, 6 May 2020, 2 June 2020 24 June 2020, 20 July 2020, 11 August 2020, 12 August 2020 and 16 October 2020.

The Board of TAG wishes to announce that the Company has been informed by TA Securities, acting on behalf of TAE, that Bursa Securities has, vide its letter dated 10 November 2020, resolved to approve the listing and quotation of the following:

(i)        up to 904,404,192 new TAE Shares to be issued pursuant to the Offer; and

(ii)      up to 555,506,253 new TAE Shares to be issued pursuant to the Proposed Subscription.

The approval by Bursa Securities is subject to the following conditions:

(i)        TAE and TA Securities must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the Offer and Proposed Subscription;

(ii)      TAE and TA Securities to inform Bursa Securities upon the completion of the Offer and Proposed Subscription;

(iii)     TAE and TA Securities to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Offer and Proposed Subscription are completed; and

(iv)     TAE to furnish Bursa Securities with a certified true copy of the resolutions passed by shareholders at the extraordinary general meeting for the Proposals.

This announcement is dated 10 November 2020.