We refer to the previous monthly announcements in relation to the Company being classified as an affected listed issuer pursuant to Practice Note 17 ("PN17") of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

The Board of Directors of the Company wishes to inform that the Company is still in the midst of formulating its regularisation plan. 

There were no other major developments subsequent to the previous monthly announcement announced on 2 January 2020 in relation to the Company's regularisation plan. The Company has until 27 February 2020 to submit its regularisation plan to the relevant authorities for approval. 

This announcement is dated 3 February 2020.