We refer to the Company’s announcements dated 27 January 2022 and 28 January 2022 in relation to the First Announcement and the announcements made on 16 August 2023, 23 August 2023 and 13 October 2023, 26 January 2024, 29 January 2024, 4 March 2024, 19 July 2024, 24 September 2024 and 24 January 2025. Unless otherwise stated, all abbreviations and definitions used herein shall have the same meanings as those used in the said announcements.

The Board wishes to announce that Bursa Securities has via its letter dated 6 March 2025, informed the Company that Bursa Securities had decided to:

(a) dismiss the Company's appeal for a further extension of time of 6 months until 26 July 2025 to submit its regularisation plan to the relevant authorities for approval; and

(b) de-list the securities of the Company from the Official List of Bursa Securities pursuant to paragraph 8.03A(3) of the Listing Requirements.

In the circumstances, please be informed that the securities of the Company will be removed from the Official List of Bursa Securities upon the expiry of two (2) market days from the date hereof, i.e. on 11 March 2025.

The securities of the Company which are currently deposited with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository") will be withdrawn from Bursa Depository by the Company. The Company will continue to update and maintain the shareholders' information in their Register.

Upon the de-listing of the Company, the Company will continue to exist but as an unlisted entity. The Company is still able to continue its operations and businesses and proceed with its corporate restructuring and its shareholders can still be rewarded by the Company's performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities. The interests and rights of the shareholders will remain safeguarded under the Companies Act 2016.

This Announcement is dated 6 March 2025.