The Company wishes to announce that following the Movement Control Order (“MCO”) imposed by the Government of Malaysia effective from 18 March 2020 to 12 May 2020 under the provision of the Prevention and Control of Infectious Diseases Act 1988 and the Police Act 1967 to curb the spread of the coronavirus (“Covid-19”) infection in the country, the audit of the Financial Statements for the financial period ended 31 December 2019 (“AFS”) of the Company was affected and therefore, the AFS could not be finalised in time for inclusion in the Annual Report 2019 for issuance within the stipulated deadline of 30 April 2020.

In view of the above and following the announcement by Bursa Malaysia Securities Berhad (“Bursa Securities”) on the extension of time of up till 30 June 2020 for the issuance of annual reports which are due by 30 April 2020 and 31 May 2020, the Company will therefore utilise this extension of time granted by Bursa Securities and will ensure that its Annual Report is issued latest by 30 June 2020 as granted by Bursa Securities on the basis that the MCO is uplifted within the time frame as announced.

The Company has also submitted to the Companies Commission of Malaysia pursuant to Section 340(4) of the Companies Act 2016 its application for extension of time to hold its Nineteenth Annual General Meeting (“19th AGM”) at a date no later than 28 September 2020.

The Board of Directors of the Company will determine and announce the appropriate date to hold the 19th AGM of the Company and the issuance of the Annual Report, Corporate Governance Report, Notice of the 19th AGM to shareholders in due course.

This announcement is dated 29 April 2020.