We refer to the Company's announcement dated 8 April 2026 (the "First Announcement") and announcements dated 21 April 2026 and 20 May 2026.
The Board of Directors of Vinvest wishes to inform that the Company had on 10 July 2026 received a Notice to Show Cause on the commencement of suspension and de-listing procedures pursuant to Rule 8.03A(3)(b) read together with Rule 8.04(3)(a)(ii) of Bursa Malaysia Securities Berhad's ("Bursa Securities") ACE Market Listing Requirements ("ACE LR") ("Notice").
Bursa Securities noted that Vinvest has failed to regularise its condition pursuant to Rule 8.03A(3)(b) read together with Rule 8.04(3)(a)(ii) of the ACE LR where the Company has failed to appoint a Sponsor within 3 months from the First Announcement i.e. by 8 July 2026 and there was no application for an extension of time to appoint a Sponsor.
In view of the above, Bursa Securities has given notice to the Company to make written representations supported by documentary evidence (if any) to Bursa Securities within 5 market days from the date of the Notice, i.e. on or before 17 July 2026, as to :-
- why a suspension should not be imposed on the trading of the securities of the Company; and
- why the securities of the Company should not be de-listed from the Official List of Bursa Securities.
Further announcement(s) will be made to Bursa Securities immediately upon any development/update in respect of the above.
This announcement is dated 13 July 2026.