Reference is made to the First Announcement made on 4 April 2018 and the monthly announcements made by the Company in relation to the Company being classified as a PN 17 Issuer pursuant to the requirements under PN 17 of the Listing Requirements (collectively referred to as “Announcements”). The terms herein shall bear the same meaning as defined in the Announcements.

The Board wishes to announce that save for the Application submitted by Mercury Securities Sdn Bhd, on behalf of the Board on 30 March 2022, there are no other material developments on the Proposed Regularisation Plan. As at the date of this announcement, the Application is pending the approval from Bursa Securities.

The Company will make the necessary announcement(s) should there be any material development on the Proposed Regularisation Plan.

This announcement is dated 6 May 2022.