Reference is made to the Company’s series of announcements from 29 January 2021 to 1 September 2023 in relation to the Company triggering Paragraph 8.03A(2)(b) of the Listing Requirements (“LR”) whereby the Company has an insignificant business or operations and is considered as an affected listed issuer. 

The Company had on 17 August 2023 announced that Bursa Securities has, via its letter dated 16 August 2023, granted the Company an extention of time up to 28 January 2024 to submit its regularisation plan to the relevant regulatory authorities.

The Company has approximately 4 months to submit a regularisation plan to the relevant regulatory authorities for approval and will make the relevant announcement in relation to its latest development in accordance with the requirements under Paragraph 8.03A of the LR.

This announcement is dated 2 October 2023.