We refer to the Company's announcements dated 27 May 2021 and 5 July 2021 in relation to the Proposals. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.

On behalf of the Board, RHB Investment Bank Berhad ("RHBIB") wishes to announce that Bursa Securities, had vide its letter dated 13 July 2021, approved the following:

i.     listing and quotation of up to 213,557,550 Bonus Shares to be issued pursuant to the Proposed Bonus Issue of Shares on the Main Market of Bursa Securities;

ii.     admission to the Official List of Bursa Securities and listing and quotation of up to 142,371,700 Warrants to be issued pursuant to the Proposed Free Warrants Issue on the Main Market of Bursa Securities;

iii.     listing and quotation of up to 142,371,700 new AME Shares to be issued arising from the exercise of the Warrants on the Main Market of Bursa Securities; and

iv.     listing and quotation for such number of new AME Shares, representing up to 10% of the total number of issued shares of AME (excluding treasury shares, if any) to be issued pursuant to the Proposed ESOS on the Main Market of Bursa Securities.

The approval granted by Bursa Securities is subject to the following conditions:

i.     AME and RHBIB must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities ("Listing Requirements") pertaining to the implementation of the Proposed Bonus Issue of Shares, Proposed Free Warrants Issue and Proposed ESOS;

ii.     AME and RHBIB to inform Bursa Securities upon the completion of the Proposed Bonus Issue of Shares and Proposed Free Warrants Issue;

iii.     AME and RHBIB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Bonus Issue of Shares and Proposed Free Warrants Issue are completed;

iv.     AME and RHBIB are required to make the relevant announcements pursuant to Paragraphs 6.35(2)(a) & (b) and 6.35(4) of the Listing Requirements;

v.     RHBIB is required to submit a confirmation to Bursa Securities of full compliance of the Proposed ESOS pursuant to Paragraph 6.43(1) of the Listing Requirements and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in a general meeting approving the Proposed ESOS; and

vi.     AME to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of Warrants and exercise of options under the Proposed ESOS respectively, as at the end of each quarter together with a detailed computation of listing fees payable.

This announcement is dated 14 July 2021.