This announcement is made following from the Company’s announcement on 25 August 2020 in relation to the Writ dated 21 August 2020, filed and served by Synergy Spectacular Sdn. Bhd. (“SSSB”) against Deleum Primera Sdn. Bhd. (“Deleum Primera”), a  60% owned subsidiary of the Company, at the Kuala Lumpur High Court (“High Court Suit”) and the Writ dated 21 August 2020 filed and served by SSSB against Deleum Primera at the Kuala Lumpur Sessions Court (“Sessions Court Suit”).

1. The High Court Suit

Deleum Primera has filed and served its Memorandum of Appearance on 4 September 2020. The matter is further fixed for case management on 21 October 2020.

Deleum Primera has filed and served its Defence and Counterclaim on 5 October 2020.

2. The Sessions Court Suit

Deleum Primera has made payment to SSSB amounting to RM488,277.43 as full and final settlement towards SSSB’s claims on 18 September 2020. Further, the Sessions Court Suit came up for case management on 22 September 2020, where SSSB has withdrawn the Sessions Court Suit with no Order as to costs and no liberty to file afresh and the Notice of Discontinuance has been filed and served on Deleum Primera’s solicitors accordingly.

This announcement is dated 5 October 2020.