We refer to the announcements dated 13 September 2019, 17 September 2019 and 19 September 2019 in relation to the Private Placement. Unless otherwise defined, the definitions set out in the previous announcements shall apply herein. On behalf of the Board, UOBKH wishes to announce that it had, on 27 February 2020, submitted an application to Bursa Securities to seek its approval for an extension of time of approximately 6 months for the Company to implement and complete the Private Placement. In relation thereto, Bursa Securities had, vide its letter dated 5 March 2020, resolved to grant Masteel an extension of time until 18 September 2020 to complete the implementation of the Private Placement. This announcement is dated 5 March 2020. |