The Board of Directors of Rapid Synergy Berhad ("RAPID" or "the Company") wishes to announce that RAPID intends to seek for shareholders' approval on the proposed renewal of shareholders mandate for recurrent related party transactions of a revenue or trading nature ("Proposed Shareholders' Mandate") at the forthcoming Twenty-Eighth Annual General Meeting ("28th AGM") of the Company.

A circular to shareholders containing the details of the Proposed Shareholders' Mandate will be issued and despatched to the shareholders of the Company in due course. The purpose of the circular is to provide shareholders with details, financial effects, rationale and etc. of the said Proposed Shareholders Mandate, which is to be tabled as ordinary resolution at the forthcoming 28th AGM. 

This announcement is dated 25 October 2023.