The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposed Transfer.

We refer to the earlier announcements dated 10 July 2023, 12 July 2023, 5 October 2023, 29 December 2023, 22 January 2024 and 11 March 2024 in relation to the Proposed Transfer.

On behalf of the Board, UOBKH wishes to announce that Bursa Securities had, vide its letter dated 6 June 2024, resolved the following:-

i. to approve the proposed transfer of listing and quotation for the entire enlarged issued share capital of Steel Hawk comprising 490,000,000 Shares to the ACE Market; and

ii. to grant approval-in-principle for registration of the listing prospectus of Steel Hawk. In this regard, UOBKH 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.

Steel Hawk and/ or UOBKH are required to comply with the following:-

i. Submit 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;

ii. Confirm that approvals from other relevant authorities have been obtained for implementation of the Proposed Transfer;

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

iv. Make the relevant announcements pursuant to Paragraphs 8.1 and 8.2 of Guidance Notes 15 of the Listing Requirements;

v. Furnish to Bursa Securities a copy of the schedule of distribution showing compliance with the public shareholding spread requirements based on the entire issued share capital of the Company on the first day of listing on the ACE Market;

vi. In relation to the public offering to be undertaken by the Company, 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 the Company arising from the public offering, if any.

UOBKH must ensure that the overall distribution of the Company's securities is properly carried out to mitigate any disorderly trading in the secondary market; and

vii. Steel Hawk and UOBKH to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval upon the admission of the Company to the Official List of the ACE Market.

Steel Hawk and UOBKH are required to ensure full compliance with all requirements as provided under the Listing Requirements at all times.

This announcement is dated 6 June 2024.