We refer to Bursa Malaysia Securities Berhad's query dated 13 April 2026, regarding the Company's announcement issued on 10 April 2026.

Unless otherwise stated, the definitions and terms used herein shall have the same meaning as defined in the Company's previous announcement. 

The Board of Directors of the Company ("Board") is pleased to provide the following additional information:

1. Confirmation as to whether Toyo Ink Group Berhad is a major subsidiary.

   - The Company wishes to confirm that Toyo Ink Group Berhad is not a major subsidiary of the Company as defined under Chapter 1 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

    

2. The particulars of the claim including interest rate and other relief sought.

   - Based on the Writ of Summons and Statement of Claim, the Plaintiff is seeking the following reliefs against Toyo Ink Group Berhad and another defendant:

   - The sum of RM12,000,000 being the alleged arrangement fee;

   - Damages to be assessed by the Honourable Court;

   - Interest at the rate of 5% per annum on the sum of RM12,000,000 from the date of filing of the Writ of Summons until full settlement;

   - Interest at the rate of 5% per annum on the damages assessed from the date of Judgment until full settlement;

   - Costs of the action; and

   - Such further and/or other relief as the Court deems fit and just.

    

3.  The financial and operational impact of the Writ of Summons and Statement of Claim to the Group

   - Operational Impact: The Writ of Summons is not expected to have any material impact on the day-to-day operations of the Group.

   - Financial Impact: Save for the potential liability of RM12,000,000.00, potential damages to be assessed, interests, and legal costs (as detailed in item 4 below), the Group does not expect any other material financial impact at this juncture.

    

4.  Estimated potential liability to the Group, arising from the Writ of Summons and Statement of Claim.

   - The estimated potential liability is limited to the principal claim of RM12,000,000.00, interest at the rate of 5% per annum as sought by the Plaintiff, damages to be assessed by the Court, and associated legal costs.

    

5. Steps taken and proposed to be taken by TVHB in respect of the Writ of Summons and Statement of Claim.

   - The Board has engaged a legal counsel to represent the Company in this matter. The Company intends to vigorously defend the claim and will file a Memorandum of Appearance and the subsequent Statement of Defence within the prescribed timelines. Based on preliminary legal advice, the Board is of the view that the Company has a meritorious defence against the claim.

The announcement is dated 14  April 2026.