(Unless otherwise stated or redefined, all abbreviations and definitions used herein shall have the same meanings as those used in the Company’s announcements dated 21 April 2020, 28 May 2020, 30 June 2020, 14 July 2020, 16 July 2020, 17 July 2020 and 3 August 2020 in relation to the Proposals)

On behalf on the Board, M&A Securities is pleased to announce that the following has been submitted to Bursa Securities today:

1. additional listing application for the listing of and quotation for up to 292,105,380 new SHIB Shares on the Main Market of Bursa Securities to be issued pursuant to the Proposals; and
2. draft circular to shareholders of SHIB in relation to the Proposed Creditors Debt Settlement

This announcement is dated 14 August 2020.