Reference is made to the Company’s announcements dated 2 October 2020, 8 October 2020, 23 October 2020, 27 October 2020, 27 November 2020, 8 December 2020, 21 December 2020 and 29 January 2021 in relation to the SCR (“Announcements”). Unless otherwise defined, the definitions used in this announcement shall have the same meaning as those defined in the Announcements.

On behalf of the Board, RHB Investment Bank Berhad wishes to announce that the High Court of Malaya at Kuala Lumpur ("High Court") had on 28 June 2021 granted a sealed order confirming the reduction of the issued share capital of the Company in accordance with Section 116 of the Act ("High Court Order").

Following the above, Pelangi will lodge an office copy of the High Court Order with the Registrar of Companies pursuant to Section 116(6) of the Act ("Lodgement"). The SCR will become effective upon the Lodgement ("Effective Date"). For the avoidance of doubt, the Effective Date shall be the entitlement date in respect of the SCR.

The entitlement date in respect of the SCR will be announced in due course.

This announcement is dated 28 June 2021.