On 28 September 2026, United Overseas Bank Limited had, for and on behalf of 23 Capital Pte. Ltd. ("Offeror"), announced to the Singapore Exchange Securities Trading Limited, a voluntary conditional take-over offer by the Offeror to acquire all HHL Shares (excluding treasury shares) ("Offer Shares") for a cash offer price of Singapore Dollar ("SGD") 0.64 per Offer Share ("Offer") ("Offer Announcement").

Accordingly, on behalf of the Board of Directors of HSCB, Maybank Investment Bank Berhad wishes to announce that HSIH, has resolved to accept the Offer and has on even date provided its irrevocable undertaking to the Offeror to accept or procure the acceptance of the Offer in respect of all  218,790,000 HHL Shares held by HSIH as at the date of the Offer Announcement and any other HHL Shares or securities in the capital of HHL that it may directly or indirectly acquire, or which may be issued or unconditionally allotted to it, on or after the date of HSIH's irrevocable undertaking in relation to the Offer.

Further details of the Proposed Disposal are set out in the attachment below.

This announcement is dated 28 September 2026.