PRACTICE NOTE 17 / GUIDANCE NOTE 3 : SUSPENSION AND/OR DELISTING

We refer to the Company’s announcement dated 25 February 2022 in relation to the submission of an application for an extension of time to comply with Paragraph 8.04(3) and Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”) (“Application”).

The Board of Directors of the Company wishes to announce that Bursa Securities had vide its letter dated 7 April 2022, decided to reject the Company’s Application.

In the circumstances and pursuant to Paragraph 8.04(5) of the Listing Requirements, please be informed that:

1. The trading of the securities of BHB will be suspended with effect from 15 April 2022; and

1. The securities of the Company will be de-listed on 20 April 2022 unless an appeal against the de-listing is submitted to Bursa Securities on or before 14 April 2022 (“Appeal Timeframe”) wherein the de-listing will be deferred pending the decision of the Company’s appeal.

The Company intends to submit an appeal to Bursa Securities on their decision to de-list the securities of the Company within the Appeal Timeframe.

Upon submission of the Company’s appeal and pending Bursa Securities’ decision, the de-listing of the securities of the Company from the Official List of Bursa Securities will be deferred, However, Bursa Securities shall proceed to suspend the trading of the Company’s securities on 15 April 2022.

This announcement is dated 8 April 2022.