We refer to the announcement dated 3 January 2024 in relation to the Company's non-compliance with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of the Listing Requirements of Bursa Securities. 

Following the application by the Company on 11 January 2024 to Bursa Securities for an extension of time of three (3) months to comply with public shareholding spread requirement, Bursa Securities had vide its letter dated 22 January 2024 granted the Company an extension of time of three (3) months until 29 March 2024 to comply with the minimum public shareholding spread of 25%. 

As at 29 December 2023, the public shareholding spread of the Company was at 24.3122%, a shortfall of about 0.6878%. The Company has yet to formulate any rectification plan to address the shortfall in the minimum public shareholding spread requirement of 25% except (1) the Company is exploring into all possible options and (2) the Company has notified the Company's substantial shareholders of the non-compliance and were urged to take the necessary corrective actions by 29 March 2024. 

This announcement is dated 23 January 2024