Investor Relations

Reference is made to the Company’s previous announcements on 10 August 2022, 1 September 2022, 3 October 2022, 1 November 2022, 1 December 2022, 3 January 2023, 2 February 2023, 1 March 2023, 3 April 2023, 2 May 2023, 1 June 2023, 3 July 2023, 1 August 2023, 1 September 2023 and 2 October 2023 in relation to the Company triggering Paragraph 8.03A(2)(a)(bb) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Malaysia”) (“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 Company’s Board of Directors wishes to inform that the Company is mindful of the extension of time provided for submission of its regularisation plan to Bursa Malaysia and continues its efforts to promptly address and evaluate viable solutions aimed at rectifying the Company's status as an affected listed issuer. Rigorous and timely assessment of streamlined solutions are being undertaken by the Company and its appointed advisors to formulate a comprehensive regularisation plan for submission to Bursa Malaysia within the given timeframe.

The Company 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 1 November 2023.