90,000,450 Ordinary Shares of Matrix Parking Solution Holdings Berhad are subject to a Lock-Up Agreement Ending on 10-JUN-2023. These Ordinary Shares will be under lockup for 1467 days starting from 4-JUN-2019 to 10-JUN-2023.

Details:
The entire shareholdings of Promoters namely Netton, Sukumaran, CA Management, Services Sdn Bhd, Chin Kai Yin, Chin Wing Kee and Chin Lam Yuen are subject to a lock-up for a period of 12 months from the date of admission.

Upon the expiry of the first 12 month lock-up, Promoters' aggregate shareholdings amounting to at least 45% of total number of issued share capital remain under lock-up for another period of 36 months.