The terms used herein shall, unless the context otherwise states, have the same meaning as those defined in the previous announcement, where applicable.

Further to the Company's announcement dated 22 December 2022, the Board of Directors of Bursa Malaysia wishes to announce the following:-

1. Bursa Malaysia RAM Capital Sdn Bhd (formerly known as BM RAM Capital Sdn Bhd) (“BR Capital”) was incorporated on 27 December 2022, with Bursa Malaysia holding a 51% equity interest and RAM Holdings Berhad (“RAM”) holding the remaining 49% equity interest, and will be the vehicle to operate the debt fundraising platform as previously announced.

2. Pursuant to the terms and conditions of the Shareholders Agreement dated 22 December 2022 entered into between Bursa Malaysia and RAM, BR Capital is to obtain the relevant operating licences from the Securities Commission Malaysia ("SC") to commence its business operations.

3. BR Capital had on 2 June 2023 received the approval-in-principle from the SC in relation to the Company’s application under the SC Guidelines on Recognized Markets (“RMO”) to manage and operate the debt fundraising platform.

The joint press release on the above is attached for information.

Further announcements will be made upon any material developments in regard to this matter.

This announcement is dated 6 June 2023.