Investor Relations

Reference is made to the press release by LTAT dated 4 October 2023 entitled Mutual Termination on Strategic Collaboration Agreement ("SCA") ("Press Release").

The Board of Directors of BPlant wishes to announce that BPlant has received a letter from LTAT informing that the Press Release sets outs, amongst others, LTAT's intention to proceed with the general offer of BPlant at the offer price of RM1.55 per share notwithstanding the termination of the SCA, subject to regulatory approvals.

LTAT will make the relevant announcement or notification as and when required in accordance with the requirements of Bursa Malaysia Securities Berhad, Securities Commission Malaysia and/ or any other relevant authorities.

SHAREHOLDERS OF BPLANT ARE ADVISED TO EXERCISE CAUTION WHEN DEALING IN THE ORDINARY SHARES OF BPLANT AND TO SEEK APPROPRIATE ADVICE IF THEY WISH TO DO SO, AS BPLANT HAS NOT RECEIVED ANY FIRM OFFER RELATING TO THE GENERAL OFFER.

Please refer to the attached letter for further information.

This announcement is dated 5 October 2023.