145,000,000 Ordinary Shares of Synergy House Berhad are subject to a Lock-Up Agreement Ending on 1-DEC-2023. These Ordinary Shares will be under lockup for 193 days starting from 22-MAY-2023 to 1-DEC-2023.

Details:
In compliance with Rule 3.19 of the Listing Requirements, a moratorium will be imposed on the sale, transfer or assignment of Shares held by the Specified Shareholders as follows: (i) the moratorium applies to the Specified Shareholders? entire shareholding for a period of 6 months from the date of the admission to the ACE Market (?First 6-Month Moratorium?); (ii) upon the expiry of the First 6-Month Moratorium, the Specified Shareholders? aggregate shareholding amounting to at least 45.0% of the enlarged issued share capital remain under moratorium for a further 6 months (?Second 6-Month Moratorium?); and (iii) upon the expiry of the Second 6-Month Moratorium, the Specified Shareholder 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.