Further to the Company’s announcement dated 5 January 2022, the Board of Directors of the Company (“the Board”) wishes to announce that its wholly-owned subsidiary, Cheetah Marketing Sdn. Bhd. (“Cheetah Marketing”) had between 6 January 2022 to 11 January 2022 acquired from the open market an additional 23,000,000 ordinary shares (“Shares”) in Lambo Group Berhad (“Lambo”), for a total cash consideration of RM2,160,000 (“Consideration”) (“Acquisition”).

Please refer to the attachment for further details.

This announcement is dated 13 January 2022.