Reference is made to the Company’s announcement dated 9 January 2024 (“Previous Announcement”) in respect of the aforesaid matter. Unless otherwise stated, the terms used herein shall have the same meanings stated in the Previous Announcement.

The Company wishes to provide additional information on the following:

The resignation of the resigning Auditors, RSM Malaysia is on voluntary basis and made on the ground of disagreement on the increase in the proposed audit fees.

The Company is confident in its ability to secure a qualified and reputable auditor at a competitive price.

This announcement is dated 12 January 2024.