We refer to the Company's announcement made on 16 November 2020 in respect of outstanding sums under General Banking Facilities which included Export invoice Financing Facility due to Standard Chartered Bank Malaysia Berhad and with reference to the announcements made on 3 December 2020, 11 December 2020 and 25 January 2021 in respect of the Writ of Summons and Statement of Claim filed by Standard Chartered Bank Malaysia Berhad ("Plaintiff") against the Company and its wholly owned subsidiary, Khee San Food Industries Sdn Bhd ("Defendants").

The Company's solicitors, Messrs Krish Maniam & Co. had notified the Company that on 8 February 2021, this matter came up for Case Management via e-Review.

The next Case Management (e-Review) has been fixed on 26 February 2021.

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 9 February 2021.