NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING INDUSTRONICS BERHAD (“ITRONIC” OR THE “COMPANY”) PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN ITRONIC (“SHARES”) (“PLACEMENT SHARES”), REPRESENTING NOT MORE THAN 20% OF THE ENLARGED NUMBER OF ISSUED SHARES IN ITRONIC (EXCLUDING TREASURY SHARES, IF ANY) PURSUANT TO THE GENERAL MANDATE OBTAINED FROM THE COMPANY’S SHAREHOLDERS (“PROPOSED PRIVATE PLACEMENT”)

We refer to the announcement dated 19 July 2021 in relation to the Proposed Private Placement (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

On behalf of the Board of Directors of Itronic, TA Securities wishes to announce that an additional listing application in relation to the Proposed Private Placement has been submitted to Bursa Securities on 23 July 2021.

This announcement is dated 23 July 2021.