We refer to the above and the announcement dated 17 November 2020.

On behalf of Unisem, CIMB Investment Bank Berhad wishes to announce that the first tranche of the Proposed Private Placement will comprise 51,633,000 Placement Shares (“First Tranche”).  The Company had on 23 November 2020 fixed the issue price of the Placement Shares under the First Tranche at RM5.50 per Placement Share, representing a discount of about 1.9% to the 5-day volume weighted average market price of the ordinary shares in Unisem up to 20 November 2020, being the market day immediately prior to the price-fixing date, of RM5.6084 per share.

For the avoidance of doubt, the number of Placement Shares to be placed out under the First Tranche, when aggregated with subsequent tranches of the Proposed Private Placement, if any, will be up to 10% of the total number of issued shares of Unisem.  The issue price for any subsequent tranche will be determined and announced by the Company separately.

This announcement is dated 23 November 2020.