90,187,500 Ordinary Shares of Infomina Berhad are subject to a Lock-Up Agreement Ending on 25-NOV-2023. These Ordinary Shares will be under lockup for 374 days starting from 16-NOV-2022 to 25-NOV-2023.

Details:
The moratorium applies to the entire shareholdings of our Specified Shareholders for a period of 6 months from the date of our admission to the ACE Market First 6 Month Moratorium.

Upon the expiry of the First 6-Month Moratorium, our Company must ensure that our Specified Shareholders? aggregate shareholdings amounting to at least 45.0% of the total number of issued ordinary shares remain under moratorium for another period of 6 months Second 6-Month Moratorium and,

On the expiry of the Second 6-Month Moratorium, our Specified Shareholders may sell, transfer or assign up to a maximum of 1/3 per annum (on a straight line basis) of those Shares held under moratorium.