On behalf of the Board of Directors of L&P Global, Alliance Islamic Bank wishes to announce that L&P Global proposes to undertake the following:

(i) proposed transfer of the listing of and quotation for the entire issued share capital of the Company from the ACE Market to the Main Market of Bursa Malaysia Securities Berhad (“Proposed Transfer”); and

(ii) proposed amendments to the Constitution of the Company to facilitate the implementation of the Proposed Transfer (“Proposed Amendments”).

The Proposed Transfer and Proposed Amendments are collectively referred to as the “Proposals”.

Further details of the Proposals are set out in the attachment to this announcement.

This announcement is dated 13 June 2023.