Unless otherwise stated, the definitions set out in the announcements dated 15 July 2026, 16 July 2026 and 24 July 2026 shall apply herein.
On behalf of the Board, M&A Securities is pleased to announce that Bursa Securities had, vide its letter dated 28 July 2026, resolved to approve the listing of and quotation for up to 24,827,600 Placement Shares pursuant to the Proposed Private Placement.
The approval by Bursa Securities is subject to the following conditions:
(i) Fibromat and M&A Securities must fully comply with the relevant provisions under the ACE Market Listing Requirements of Bursa Securities pertaining to the implementation of the Proposed Private Placement;
(ii) In the event the Proposed Private Placement is not completed before the next AGM, Fibromat is required to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders at the forthcoming AGM for the authority to issue shares pursuant to the Act before the listing of the Placement Shares;
(iii) M&A Securities is required to furnish Bursa Securities with details of the placees in accordance with Rule 6.16 of the ACE Market Listing Requirements of Bursa Securities as soon as practicable after each tranche of placement and before the listing of the new Shares to be issued pursuant to the Proposed Private Placement;
(iv) Fibromat and M&A Securities are required to inform Bursa Securities upon the completion of the Proposed Private Placement; and
(v) Fibromat 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 Private Placement is completed.
This announcement is dated 28 July 2026.