Unless otherwise defined, the abbreviations and definitions used in this announcement shall have the same meanings as those previously defined in the earlier announcements on the same subject matter.

We refer to the announcements dated 16 July 2020, 30 July 2020, 1 September 2020, 19 January 2022, 15 April 2022 in relation to the HOA for the Proposal and the Company’s announcements on 13 May 2022, 19 December 2022 and 20 December 2022 in relation to the repayment of the Refundable Deposit of RM10,000,000 by S7 (All these announcements be collectively referred to as “Announcements”).

Further to the Announcements, the Company wishes to announce that the Company through its solicitors, Messrs. Justin Wee, had on 23 October 2024 filed in the Kuala Lumpur High Court a Writ and Statement of Claim against S7. 

Please refer to the document attached on the details of the Writ.

This announcement is dated 23 October 2024.