The terms and definitions used herein, unless the context otherwise states, shall have the same meaning as those set out in the earlier announcements dated 19 May 2020, 15 June 2020, 24 June 2020, 7 August 2020 and 10 August 2020 in relation to the Proposals.

We refer to theearlier announcements dated 19 May 2020, 15 June 2020, 24 June 2020, 7 August 2020 and 10 August 2020 in relation to the Proposals.

The Board of Directors of Rex Industry Berhad ("the Company") wishes to announce that all the resolutions tabled at the Extraordinary General Meeting ("EGM") held today as per the Notice of the EGM of the Company dated 10August 2020 were approved by the shareholders.

All the resolutions were voted by poll and the results of the poll were validated by Crowe Malaysia PLT, the independent scrutineer appointed by the Company.

Details of the results of the poll in respect of all resolutions at the EGMare set out below.

This announcement is dated 9 September 2020.

Proposed Renounceable Rights Issue of up to 246,626,468 new Ordinary Shares in Rex Industry Berhad ("Rex Share(s)" or "Share(s)") ("Rights Share(s)") at the Issue Price of RM0.10 per Rights Share, on the basis of 1 Rights Share for every 1 existing Rex Share held on an Entitlement Date to be determined later ("Proposed Rights Issue")

Proposed Exemption to Daiman Taipan Sdn. Bhd. and Darmendran Kunaretnam and Persons Acting in Concert with them, namely Chee Cheng Chun and Leong Kwai Ying, from the Obligation to undertake a Mandatory Offer for the remaining Rex Shares not already owned by them pursuant to the Proposed Rights Issue under paragraph 4.08(1)(b) of the Rules on Take-Overs, Mergers and Compulsory Acquisitions ("Proposed Exemption")