Newsroom

On behalf of the Board of Directors of TDEX ("Board"), Mercury Securities Sdn Bhd ("Mercury Securities") wishes to announce that the Company wishes to undertake the following:

i) Proposed reduction of the issued share capital of the Company pursuant to Section 116 of the Companies Act 2016 ("Act") ("Proposed Capital Reduction"); and

ii) Proposed private placement of up to 84,379,642 new ordinary shares in TDEX ("TDEX Shares" or "Shares") ("Placement Share(s)"), representing not more than 10% of the total number of issued TDEX Shares at an issue price to be determined and announced at a later date after receipt of all relevant approvals ("Proposed Private Placement").

(collectively, referred to as the "Proposals").

Please refer to the attachment below for further details of the Proposals.

The announcement is dated 31 January 2024.

Please refer attachment below.