113,690,440 Ordinary Shares of Jati Tinggi Group Berhad are subject to a Lock-Up Agreement Ending on 18-JUN-2024. These Ordinary Shares will be under lockup for 183 days starting from 18-DEC-2023 to 18-JUN-2024.

Details:
Pursuant to Rule 3.19 of the Listing Requirements and pursuant to the conditions imposed under the approval letter by Bursa Securities, a moratorium will be imposed on the sale, transfer or assignment of Shares held by our Specified Shareholders (whom are also our Promoters) as follows:

the moratorium applies to the entire shareholdings held by our Specified Shareholders for a period of 6 months from the date of our admission to the Official List (?First 6- month Moratorium?);

upon the expiry of the First 6-month Moratorium, we must ensure that our Specified Shareholders? aggregate shareholdings amounting to at least 45.00% of our total number of issued Shares remain under moratorium for another 6 months (?Second 6- month Moratorium?); and

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