We refer to the announcements made by the Company on 30 April 2023 and 2 May 2023 as well as subsequent monthly announcements made by the Company pursuant to Paragraph 8.03A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Announcements”). Unless otherwise stated, the terms used herein shall have the same meaning as defined in the Announcements.

On behalf of the Board of Directors of Zelan, Kenanga Investment Bank Berhad wishes to announce that an application for an extension of time to submit a regularisation plan to Bursa Securities (“EOT Application”) has been submitted to Bursa Securities on 29 March 2024.

Further announcement will be made upon the decision from Bursa Securities on the EOT Application.

This announcement is dated 29 March 2024.