Particulars of substantial Securities Holder
| Type | Reply to Query |
| Reply to Bursa Malaysia's Query Letter - Reference ID | IQL-25042025-00001 |
| Subject | Article Entitled: "Widespread hacks hit stock trading accounts in Malaysia" |
| Description | ARTICLE ENTITLED "WIDESPREAD HACKS HIT STOCK TRADING ACCOUNTS IN MALAYSIA" |
| Query Letter Contents |
We refer to the above media article appearing in The Edge Malaysia dated 25 April 2025, a copy of which is enclosed for your reference. In particular, we would like to draw your attention to the underlined sentences which are reproduced as follows :- “Malaysia has two main providers of di rect market access platform services for stockbroking firms: N2N Connect Bhd (KL:N2) and Excel Force MSC Bhd (KL:EFORCE). Following the hacking incident, N2N reportedly sent a note to its clients out lining several recommended security measures, including blocking identified high-risk IP addresses and implementing geo-blocking for non-Malaysian IPs.” In accordance with Bursa Securities' Corporate Disclosure Policy, kindly furnish Bursa Securities with an announcement for public release confirming or denying the above reported article in particular the underlined sentences after due and diligent enquiry with all the directors, major shareholders and all such other person reasonably familiar with the matters about which the disclosure is to made in this respect. In the event you deny the above reported sentences or any other part of the article, you are required to set forth facts sufficient to support the same. Please furnish Bursa Securities with your reply via Bursa Link within one (1) market day from the date hereof. Yours faithfully Listing Regulation Cc : Market Surveillance Dept., Securities Commission We refer to the above media article appearing in The Edge Malaysia dated 25 April 2025, a copy of which is enclosed for your reference. In particular, we would like to draw your attention to the underlined sentences which are reproduced as follows :- “Malaysia has two main providers of di rect market access platform services for stockbroking firms: N2N Connect Bhd (KL:N2) and Excel Force MSC Bhd (KL:EFORCE). Following the hacking incident, N2N reportedly sent a note to its clients out lining several recommended security measures, including blocking identified high-risk IP addresses and implementing geo-blocking for non-Malaysian IPs.” In accordance with Bursa Securities' Corporate Disclosure Policy, kindly furnish Bursa Securities with an announcement for public release confirming or denying the above reported article in particular the underlined sentences after due and diligent enquiry with all the directors, major shareholders and all such other person reasonably familiar with the matters about which the disclosure is to made in this respect. In the event you deny the above reported sentences or any other part of the article, you are required to set forth facts sufficient to support the same. Please furnish Bursa Securities with your reply via Bursa Link within one (1) market day from the date hereof. Yours faithfully Listing Regulation |
N2N CONNECT BERHAD ("N2N" or "the Company") refers to the article entitled “Widespread hacks hit stock trading accounts in Malaysia” appearing in The Edge Malaysia dated 25 April 2025, specifically the following excerpt:
“Malaysia has two main providers of direct market access platform services for stockbroking firms: N2N Connect Bhd (KL:N2) and Excel Force MSC Bhd (KL:EFORCE). Following the hacking incident, N2N reportedly sent a note to its clients outlining several recommended security measures, including blocking identified high-risk IP addresses and implementing geo-blocking for non-Malaysian IPs.”
The Company wishes to confirm that:
The Company remains committed to upholding the security and integrity of its systems and services, and to maintaining transparency and trust with all stakeholders.
The incident has not had, and is not expected to have, any material financial or operational impact on the Company and the Group.
This announcement is dated 27 April 2025.