We refer to the announcement made on 17 May 2019 (“First Announcement”) and monthly announcements made by the Company in relation to the Company being classified as a PN 17 Issuer pursuant to Practice Note 17 of Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”). The terms herein shall bear the same meaning as defined in the First Announcement.

Pursuant to Bursa Securities’ letter dated 3 June 2021, the Company was granted an extension of time (“EOT”) until 17 November 2021 to submit a proposed regularisation plan to relevant authorities.

On 10 November 2021, the Company has submitted an application for a further extension of time up to 17 May 2022 to comply with Paragraph 8.04(3) of the Listing Requirements (“EOT Application”). The outcome of which is subject to Bursa Securities’ approval. An announcement in relation to the outcome of the EOT Application will be released in due course.

This announcement is dated 10 November 2021.