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 (“Bursa Securities”) (“Listing Requirements”).

The Board of Directors of the Company (“Board”) wishes to inform that the Company is still in the midst of formulating its regularisation plan and has approximately 3 months (until 27 February 2021) to submit its regularisation plan.

Save for the Heads of Agreements entered into between Brahim SATS Food Services Sdn Bhd, a wholly-owned subsidiary of the Company, and Focus Dynamics Centre Sdn Bhd, a wholly-owned subsidiary of Focus Dynamics Group Berhad, which was announced on 11 November 2020, there were no other major developments subsequent to the previous monthly announcement on 2 November 2020 in relation to the Company’s regularisation plan.


This announcement is dated 1 December 2020.