Reference is made to the announcement dated 16 April 2024.

On 30 May 2024, Bursa Securities issued a letter to the Company on its decision to:

(a) dismiss the Company's appeal for a further extension of time of 6 months to submit the regularisation plan to the relevant authorities for approval: and

(b) de-list the securities of the Company from the Official List of Bursa Securities pursuant to paragraph 8.04 of the Main Market Listing Requirements (“Main LR").

The securities of the Company will be removed from the Official List of Bursa Securities upon the expiry of two (2) market days from the date thereof. i.e. on 5 June 2024.

With respect to the securities of the Company which are currently deposited with Bursa Malaysia Depository Sdn. Bhd. (“Bursa Depository”), the securities may remain deposited with Bursa Depository notwithstanding the de-listing of the securities from the Official List of Bursa Securities. It is not mandatory for the securities of a company which has been de-listed to be withdrawn from Bursa Depository.

Alternatively, shareholders of the Company who intend to hold their securities in the form of physical certificates can withdraw these securities from their Central Depository System (CDS) accounts maintained with Bursa Depository at any time after the securities of the Company have been de-listed from the Official List of Bursa Securities. This can be effected by the shareholders submitting an application form for withdrawal in accordance with the procedures prescribed by Bursa Depository. These shareholders can contact any Participating Organisation of Bursa Securities and/or Bursa Securities' General Line at 03-2034 7000 for further information on the withdrawal procedures.

The Company will be submitting an appeal to Bursa Securities against the decision to de-list the securities of the Company.

This announcement is dated 31 May 2024.