Reference is made to the announcement made by the Company on 17 September 2026 in relation to the civil suit commenced by the Company and its subsidiaries, Enersol Co Ltd and Pestech Sdn Bhd at the Kuala Lumpur High Court vide Civil Suit No. WA-22ICA-27-08/2026 ("Civil Suit") against amongst others, Shandong Power Equipment Co Ltd ("SPECO"), Shandong Electrical Engineering & Equipment Group Co ("SDEE") and certain former members of the Company's management.
The Board of Directors of the Company ("Board") wishes to inform that following the granting of an Ad Interim Injunction on 15 September 2026, the Court has further extended the Ad Interim Injunction on the same terms until the disposal of Enclosure 4. The terms of the Ad Interim Injunction, inter alia, as follows:-
i) an ad interim injunction restraining SPECO, whether by itself and/or its employees and/or agents and/or representatives or otherwise, from enforcing, executing, demanding or taking any steps or action to enforce the undated Corporate Guarantee until the disposal of Enclosure 4 or until further order of the Court;
ii) parties are at liberty to make any application they deem necessary; and
iii) the inter partes hearing of Enclosure 4 is fixed on 11 November 2026.
The Company will make further announcements as and when there are any material developments in relation to the above matter.
This announcement is dated 9 October 2026.