(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcements dated 6 October 2020 and 14 December 2020 in relation to the Proposals, where applicable, unless stated otherwise or defined herein.)

Reference is made to the announcements dated 6 October 2020, 7 October 2020, 9 October 2020, 4 November 2020, 5 November 2020, 19 November 2020 and 14 December 2020 in relation to the Proposals.

On behalf of the Board, Mercury Securities wishes to announce that the Company has submitted an application to seek Bursa Securities’ approval for an extension of time until 6 April 2021 for the Company to submit the relevant application in relation to the Proposals to Bursa Securities.

This announcement is dated 5 January 2021.