(Unless otherwise defined, the definitions set out in the announcements dated 6 February 2018, 21 March 2018, 29 March 2018, 30 May 2018, 24 July 2018, 1 August 2018, 22 November 2018, 17 January 2019, 30 January 2019, 28 May 2019, 8 July 2019, 9 August 2019 and 21 November 2019 (“Announcements”) shall apply herein.)

We refer to the Company’s Announcements in relation to the non-compliance of the Required Public Spread pursuant to Paragraph 8.02(1) of the Listing Requirements and Bursa Securities’ letter dated 9 August 2019 granting the Company a further extension of time of six (6) months until 4 February 2020 to comply with the Required Public Spread.

Based on the Record of Depositors as at 31 December 2019, the Company’s Public Shareholdings Spread was 24.59%. As such, the Company does not comply with the Required Public Spread.

The Board of Directors of MCT wishes to announce that the Company has today submitted an application to Bursa Securities for a further extension of time of six (6) months from 4 February 2020 to comply with the Required Public Spread. 

The Company will continue to monitor the level of public shareholdings and make the necessary announcements in relation to the application to Bursa Securities.

This announcement is dated 21 January 2020.