We refer to the announcements dated 2 March 2021, 14 April 2021, 11 May 2021, 19 May 2021, 4 June 2021 and 11 June 2021 in relation to the Private Placement 2 (“Announcements”) as well as the Circular dated 20 May 2021 (“Circular”). Unless otherwise defined, the definitions set out in the previous Announcements and Circular shall apply herein.

On behalf of the Board, AmInvestment Bank wishes to announce that the Board has on 26 July 2021 fixed the issue price for 69,599,100 Placement Shares at RM0.53 per Placement Share, being the first tranche of the Private Placement 2.

The issue price of RM0.53 per Placement Share represents a discount of approximately 4.52% to the 5-days VWAP of NCT Shares up to and including 23 July 2021, being the last traded day of NCT Shares immediately preceding the price-fixing date, of RM0.5551 per NCT Share. 

For information purposes, the issue price for subsequent tranche(s), if any, will be determined and announced by the Company separately.

This announcement is dated 26 July 2021.