Unless otherwise defined in this announcement, all abbreviations used in this announcement are defined in the following announcements made on:- 1) 8 August 2019, 14 August 2019, 15 August 2019, 4 September 2019, 30 September 2019, 1 October 2019, 1 November 2019, 22 November 2019, 2 December 2019, 5 December 2019, 2 January 2020, 7 January 2020, 9 January 2020, 22 January 2020, 3 February 2020, 6 February 2020, 2 March 2020, 1 April 2020, 4 May 2020, 1 June 2020, 9 June 2020, 24 July 2020, 28 August 2020, 28 September 2020, 7 October 2020, 22 October 2020, 19 January 2021, 25 January 2021, 2 March 2021, 19 April 2021, 5 May 2021, 23 July 2021, 27 August 2021, 7 September 2021, 8 September 2021, 10 September 2021, 30 November 2021, 15 December 2021, 24 February 2022, 21 April 2022, 12 July 2022, 20 July 2022 and 25 July 2022 in relation to the default in payment to Bank of China (Malaysia) Berhad; 2) 23 June 2020, 24 June 2020, 25 June 2020, 14 July 2020, 28 September 2020, 8 December 2020, 21 January 2021, 19 February 2021, 5 March 2021, 25 March 2021, 19 April 2021, 11 May 2021, 15 June 2021, 13 July 2021, 2 August 2021, 20 August 2021, 15 September 2021, 30 November 2021, 15 December 2021, 24 February 2022, 21 April 2022, 27 April 2022, 12 July 2022, 20 July 2022 and 25 July 2022 in relation to default in payment to Alliance Bank Malaysia Berhad; 3) 6 July 2020, 8 July 2020, 10 July 2020, 13 July 2020, 26 August 2020, 30 September 2020, 13 October 2020, 30 October 2020, 11 November 2020, 11 December 2020, 26 January 2021, 23 February 2021, 8 March 2021, 15 March 2021, 30 March 2021, 19 April 2021, 25 May 2021, 27 May 2021, 15 June 2021, 25 June 2021, 27 July 2021, 2 August 2021, 20 August 2021, 1 October 2021, 30 November 2021, 15 December 2021, 24 February 2022, 21 April 2022, 12 July 2022, 20 July 2022 and 25 July 2022 in relation to default in payment to OCBC Al-Amin Bank Berhad; 4) 15 July 2020, 27 July 2020, 12 August 2020, 18 September 2020, 30 September 2020, 21 October 2020, 10 November 2020, 20 November 2020, 11 December 2020, 8 February 2021, 24 February 2021, 1 March 2021, 8 March 2021, 15 March 2021, 30 March 2021, 19 April 2021, 27 May 2021, 15 June 2021, 25 June 2021, 27 July 2021, 2 August 2021, 20 August 2021, 1 October 2021, 30 November 2021, 15 December 2021, 28 December 2021, 7 January 2022, 17 February 2022, 24 February 2022, 7 March 2022, 21 March 2022, 1 April 2022, 21 April 2022, 24 May 2022, 20 June 2022, 12 July 2022, 15 July 2022, 20 July 2022, 25 July 2022, 26 September 2022, 6 October 2022, 13 December 2022, 19 January 2023, 25 January 2023, 20 February 2023, 20 March 2023, 29 March 2023, 14 April 2023, 19 April 2023, 18 May 2023, 19 May 2023, 25 May 2023, 8 June 2023, 9 June 2023, 15 August 2023, 17 August 2023, 24 August 2023, 12 September 2023, 26 September 2023, 27 September 2023, 22 November 2023, 29 November 2023, 6 December 2023, 9 January 2024, 14 February 2024, 29 February 2024, 11 March 2024, 13 May 2024, 5 June 2024, 20 June 2024, 10 July 2024, 24 July 2024 and 29 July 2024 in relation to default in payment to Maybank Islamic Berhad; 5) 16 July 2020, 7 August 2020, 21 September 2020, 7 October 2020, 11 December 2020, 5 January 2021, 19 January 2021, 23 February 2021, 6 April 2021, 12 April 2021, 11 May 2021, 8 June 2021, 12 July 2021, 20 August 2021, 30 November 2021, 15 December 2021, 24 February 2022, 21 April 2022, 12 July 2022, 20 July 2022 and 25 July 2022 in relation to default in payment to HSBC Bank Malaysia Berhad; 6) 17 July 2020, 24 September 2020, 8 October 2020, 30 October 2020, 16 November 2020, 3 December 2020, 11 December 2020, 25 January 2021, 9 February 2021, 25 February 2021, 26 February 2021, 23 April 2021, 4 June 2021, 22 June 2021, 28 June 2021, 29 June 2021, 2 August 2021, 20 August 2021, 30 November 2021, 15 December 2021, 24 February 2022, 21 April 2022, 12 July 2022, 20 July 2022 and 25 July 2022 in relation to default in payment to Standard Chartered Bank Malaysia; 7) 25 August 2020, 10 September 2020, 8 October 2020, 24 November 2020, 24 December 2020, 27 May 2021, 15 June 2021, 30 July 2021, 20 August 2021, 17 November 2021, 30 November 2021, 15 December 2021, 24 February 2022, 21 April 2022, 12 July 2022, 20 July 2022 and 25 July 2022 in relation to default in payment to United Overseas Bank (Malaysia) Berhad; and 8) 26 August 2020, 10 September 2020, 19 October 2020, 18 November 2020, 24 December 2020, 25 January 2021, 25 February 2021, 23 March 2021, 19 April 2021, 5 May 2021, 27 May 2021, 2 June 2021, 15 June 2021, 20 August 2021, 25 August 2021, 30 November 2021, 15 December 2021, 24 February 2022, 21 April 2022, 12 July 2022, 20 July 2022 and 25 July 2022 in relation to default in payment to OCBC Bank (Malaysia) Berhad. The Board of Directors of the Company wishes to provide an update that the Company has fully settled the outstanding debts with the respective banks. As at the date of this announcement, the Company has received the release letters from five (5) banks, namely OCBC Bank (Malaysia) Berhad, OCBC Al-Amin Bank Berhad, United Overseas Bank (Malaysia) Berhad, Bank of China (Malaysia) Berhad, and Standard Chartered Bank Malaysia. The Company has yet to receive the remaining release letters from the other banks. The Company will make the necessary announcements to Bursa Malaysia Securities Berhad as and when there are further developments in relation thereof. This announcement is dated 1 April 2026.
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