The Board of Directors of DeGem Berhad ("DeGem” or "the Company") wishes to announce that the Company intends to seek shareholders’ approval at the forthcoming 22nd Annual General Meeting ("AGM") to be convened for the following:

a) Proposed renewal of shareholders’ mandate for recurrent related party transactions of a revenue or trading nature; 

b) Proposed renewal of authority for share buy-back; and

c) Proposed adoption of the New Constitution of the Company.

(collectively known as "the Proposals").

A Circular to Shareholders setting out the details of the Proposals will be dispatched to the shareholders of the Company in due course.

This announcement is dated 5 April 2019.