Investor Relations

Reference is made to the Company’s previous announcements on 10 August 2022, 1 September 2022, 3 October 2022, 1 November 2022 and 1 December 2022 in relation to the Company triggering Paragraph 8.03A(2)(a)(bb) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR”) and having been considered as an affected listed issuer, as well as its development update in complying with the requirements under Paragraph 8.03A of the MMLR.

The Board of Directors of the Company (“Board”) wishes to inform that the Company is continuing to effectively address and finalise the available options to regularise its position as an affected listed issuer. The Company’s management has recently firmed up and discussed with the Board of its business plan for 2023, which main focus surrounds addressing the affected listed issuer status. 

The Company has approximately 7 months to submit for approval a regularisation plan to the relevant authorities and will continue to make further announcements in relation to any latest development in accordance with the requirements under Paragraph 8.03A of the MMLR.

This announcement is dated 3 January 2023.