Unless otherwise stated, the terms used throughout the announcement shall have the same meanings as defined in the Announcements.

Reference is made to our announcements dated 14 March 2023, 17 March 2023, 31 March 2023, 3 April 2023, 2 May 2023, 24 May 2023, 25 May 2023, 1 June 2023, 3 July 2023, 6 July 2023, 7 July 2023, 1 August 2023, 1 September 2023 and 2 October 2023 in relation to the Default in Payment pursuant to Paragraph 9.19A of the Listing Requirements.

The Board of Directors of the Company wishes to inform that there is no material development on the status of default in payment as of the date of this announcement.

The Board of Directors will make the necessary announcement on further development in due course.

This announcement is dated 1 November 2023.