1.       INTRODUCTION

Pursuant to paragraph 9.04(f) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors of Microlink Solutions Berhad (“MSB” or “Company”) wishes to announce that the Company and Microlink Innovation Sdn Bhd (“MISB”), a wholly-owned subsidiary of the Company (collective, “the Plaintiffs”) has on 24 October 2025 via its solicitors, Messrs Sitham & Associates, filed a Writ and Statement of Claim in the High Court of Kuala Lumpur (“Civil Suit”) against Mr Chia Yong Wei, the former Chief Executive Officer (“CEO”) of the Company (“the Defendant”).

2.       BACKGROUND AND BRIEF DETAILS OF THE CLAIM

The Civil Suit concerns primarily allegations of breaches of fiduciary duties, fraudulent misrepresentations and/or fraud and/or fraudulent breach of trust by the Defendant in relation to MSB’s and/or MISB’s funds and affairs, which the Plaintiffs contend have caused financial loss and harm to the Plaintiffs.

3.       PARTICULARS OF CLAIMS

Subject to further modifications and additions in the course of the Civil Suit, the Plaintiffs seek the following reliefs against the Defendant:

(a)   A declaration that the Defendant is guilty of fraud/fraudulent breach of trust/breach of fiduciary duties in relation to MSB and/or MISB;

(b)  A declaration that the Defendant holds as constructive trustee for MSB and/or MISB any profits arising from the breaches set out above;

(c)   The Defendant to pay damages amounting to USD9,389,240.00 (RM38,743,731.00) (or at the conversion rate to be determined at the trial of the Civil Suit) or such other sum as the Court thinks fit;

(d)  General damages;

(e)   Aggravated damages;

(f)   Exemplary damages;

(g)  Equitable compensation;

(h)  Interests on all sums found to be due to MSB and/or MISB pursuant to the Rules of Court 2012 starting from the date of the filing of the Civil Suit until the date of full and final settlement or at such rates and for such periods of time as the Court thinks fit;

(i)   Costs on an indemnity basis against the Defendant; and

(j)   Further and other reliefs or remedies which the Court deems fit and proper.

4.       FINANCIAL AND OPERATIONAL IMPACT

The Civil Suit is not expected to have any material effect on the earnings per share and net asset per share of MSB Group for the financial year ending 30 June 2026, or any material operational impact on MSB Group.

The Company will make the necessary announcements on further developments in the Civil Suit as and when there is a material update.

This announcement is dated 24 October 2025.