Multiple Proposals

On behalf of the Board of Directors of SCIB (“Directors”) (“Board"), Inter-Pacific Securities Sdn Bhd (“Interpac” or the “Principal Adviser”) wishes to announce that the Company proposes to undertake the following proposals:-

(i) proposed renounceable rights issue of up to 763,624,813 new ordinary shares in SCIB (“SCIB Shares” or “Shares”) (“Rights Shares”) together with up to 763,624,813 free detachable warrants in the Company (“Warrants C”) on the basis of 1 Rights Share together with 1 Warrant C for every 1 existing Share held by the entitled shareholders of the Company (“Shareholders”) (“Entitled Shareholders”) on an entitlement date to be determined and announced later (“Entitlement Date”) (“Proposed Rights Issue with Warrants”); and

(ii) proposed reduction of the issued share capital of SCIB by RM110.00 million pursuant to Section 117 of the Companies Act, 2016 (“Act”) (“Proposed Share Capital Reduction”).

The Proposed Rights Issue with Warrants and the Proposed Share Capital Reduction are collectively referred to as the “Proposals”.

Please refer to the attachment for further details on the Proposals.

This announcement is dated 26 June 2025.

Please refer attachment below.

Attachments

1. SCIB_-_Announcement_(26.6.2025).pdf (Size: 448,761 bytes)