(A) Public issue of 30,000,000 new ordinary shares in HAILY ("Public Issue Shares") in the following manner:

i. 8,920,000 new Public Issue Shares for application by the Malaysian public:

ii. 10,000,000 new Public Issue Shares for application by the eligible directors and employees of HAILY and its subsidiaries ("Group") and persons who have contributed to the success of the Group;

iii. 11,080,000 new Public Issue Shares by way of private placement to selected investors in the following manner; and

- 5,100,000 Public Issue Shares to selected Bumiputera investors approved by Ministry of International Trade and Industry ("MITI"); and

- 5,980,000 Public Issue Shares to selected investors.

(B). Offer for sale of 18,000,000 existing ordinary Shares in HAILY ("Offer Shares") by way of private placement to selected investors in the following manner:

- 12,700,000 Offer Shares to selected Bumiputera investors approved by MITI; and

- 5,300,000 Offer Shares to selected investors.

Tricor Investor & Issuing House Services Sdn Bhd ("TIIH") wishes to announce that the Public Issue of 8,920,000 new Public Issue Shares of HAILY available for application by the Malaysian public has been oversubscribed.

A total of 13,367 applications for 355,099,900 new Public Issue Shares with a value of RM241,467,932 were received from the Malaysian public, which represents an overall oversubscription rate of 38.81 times. For the Bumiputera portion, a total of 6,185 applications for 138,110,700 new Shares were received, which represents an oversubscription rate of 29.69 times. For the public portion, a total of 7,182 applications for 216,989,200 new Shares were received, which represents an oversubscription rate of 48.09 times.

Meanwhile, a total of 10,000,000 new Public Issue Shares available for application by the eligible directors and employees of the Group and persons who have contributed to the success of the Group have also been fully subscribed.

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