113,805,000 Ordinary Shares of LGMS Berhad are subject to a Lock-Up Agreement Ending on 8-DEC-2022. These Ordinary Shares will be under lockup for 192 days starting from 30-MAY-2022 to 8-DEC-2022.

Details:
The moratorium applies to the entire shareholdings of Promoters for a period of 6 months from the date of admission to the Official List of the ACE Market (“First 6 Months Moratorium”); upon the expiry of the First 6 Months Moratorium, the Promoters' aggregate shareholdings amounting to at least 45% of the total number of issued Shares remain under moratorium for another period of 6 months (“Second 6 Months Moratorium”); and upon the expiry of the Second 6 Months Moratorium, Promoters may sell, transfer or assign up to a maximum of 1/3rd per annum (on a straight-line basis) of Shares held under moratorium.