We refer to the announcements dated 5 January 2024 and 9 January 2024 in respect of the above Suit. Unless otherwise defined, all definitions used throughout this announcement shall have the same meaning as defined in our said earlier announcements.

The Board of the Company wishes to inform that they have received notification from the Plaintiff’s solicitors via its letter dated 8 February 2024, stating that the Plaintiff had on 7 February 2024 served a Notice of Application for Summary Judgment (“Application”) to the Defendant in the Court in respect of the Suit. The Application has been fixed for case management via online (e-Review) on 1 March 2024.

Further to that, the Board of the Company wishes to update that the Court has allowed the Defendant’s application for an extension of time to file and serve their defence on or before 23 February 2024 and the Plaintiff was directed to file the reply to defence by 8 March 2024. The next case management via online (e-Review) has been scheduled on 1 March 2024 for the Defendant to update the Court on the status of the defence.

The Company will make the necessary announcements to Bursa Malaysia Securities Berhad as and when there are further developments in relation thereof and/or upon receipt of any further directions by the Court.

This announcement is dated 8 February 2024.