Reference is made to:

(i)   the Company’s announcement dated 22 August 2022 (“First Announcement”) and subsequent announcements dated 26 August 2022, 1 September 2022, 6 October 2022, 13 October 2022, 10 November 2022, 1 December 2022, 28 December 2022 and 3 January 2023 in relation to it being classified as an affected listed corporation pursuant to Rule 8.03A of the AMLR; and

(ii)   the Company’s announcement dated 31 January 2023 in relation to it being classified as a GN3 company as a result of triggering the prescribed criteria under Rule 2.1(f) of GN3 of the AMLR, followed by the subsequent monthly announcements pursuant to GN3 and Rule 8.03A of the AMLR dated 2 February 2023, 1 March 2023, 3 April 2023, 2 May 2023, 1 June 2023, 30 June 2023, 3 July 2023, 1 August 2023, 18 August 2023, 1 September 2023, 2 October 2023, 4 October 2023, 1 November 2023, 1 December 2023, 2 January 2024, 2 February 2024, 21 February 2024, 1 March 2024 and 1 April 2024 respectively.

The Board of Directors of the Company wishes to announce that Bursa Malaysia Securities Berhad had vide its letter dated 1 April 2024, resolved to grant the Company a further extension of time of six (6) months up to 21 August 2024 to submit its regularisation plan to the relevant regulatory authorities.

As of the date of this announcement, the Company is still in the midst of formulating a regularisation plan to address its financial condition and shall make the necessary announcement(s) with regard to the development on the above matter.

The Company has approximately four (4) months to submit its regularisation plan to the relevant authorities.

This announcement is dated 2 May 2024.