The terms used herein shall have the same meaning as those defined in the announcement dated 5 June 2026 in relation to the Proposed Rights Issue, unless otherwise stated.
We refer to the announcements dated 5 June 2026 and 21 July 2026 in relation to the Proposed Rights Issue.
On behalf of the Board, CGS MY wishes to announce that Bursa Securities had, vide its letter dated 28 July 2026, resolved to approve the listing and quotation of up to 120,000,000 new ordinary shares of Well Chip to be issued pursuant to the Proposed Rights Issue.
The approval from Bursa Securities is subject to, amongst others, the following conditions:
(i) Well Chip and CGS MY must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Rights Issue;
(ii) CGS MY or Well Chip is required to furnish Bursa Securities with a certified true copy of the resolution passed by its shareholders at a general meeting for the Proposed Rights Issue;
(iii) Well Chip must comply with the public security holding spread requirements pursuant to Paragraph 8.02(1) of the Listing Requirements upon listing and quotation of the Rights Shares;
(iv) Well Chip and CGS MY to inform Bursa Securities upon the completion of the Proposed Rights Issue; and
(v) Well Chip and CGS MY to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Rights Issue is completed.
This announcement is dated 29 July 2026.