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On behalf of the Board of Directors of the Company (“Board”), Affin Hwang Investment Bank Berhad wishes to announce that the Company is exploring a proposed transfer of SSBB’s entire issued share capital from the ACE Market to the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Proposed Transfer”).

To facilitate the Proposed Transfer, the Company intends to incorporate the relevant amendments to the Constitution of SSBB upon completion of the Proposed Transfer to be in line with the Main Market Listing Requirements of Bursa Securities (“Proposed Amendments”). In this regard, the Board wishes to seek the approval of the shareholders of SSBB on the Proposed Amendments, at the upcoming Annual General Meeting of the Company. Please refer to the Special Resolution 1 as set out in the Company’s Notice of Annual General Meeting dated 30 October 2024 for further details.

Details of the Proposed Amendments will also be set out in the Company’s Annual Report for the financial year ended 30 June 2024, which will be issued to the Company’s shareholders in due course.

The Company will announce further details of the Proposed Transfer in due course, when the final terms of the Proposed Transfer have been finalised by the Board.

This announcement is dated 29 October 2024.