The Board of Directors of the Company wishes to announce that the Company had on 6 September 2024 received a notice in writing dated 6 September 2024 from Messrs. Moore Stephens Associates PLT (“Moore”) on their resignation as the External Auditors of the Company pursuant to Section 281(2) of the Companies Act 2016. Their term of office shall end after twenty-one (21) days from the date of notice of resignation or upon the appointment of the new Auditors, whichever is earlier.

The resignation of Moore is on a voluntary basis due to resources constraints.

The Company has identified the new External Auditors and is currently in the midst of appointing them pursuant to Section 271(2) of the Companies Act 2016. Further announcement will be made by the Company once the appointment of new External Auditors is finalised.

Save for the above, the Board of Directors is not aware of any matters that need to be brought to the attention of the shareholders of the Company.

This announcement is dated 6 September 2024.